SF Real Estate Investment Trust Full Year 2022 Earnings: Beats Expectations

Simply Wall St

March 17, 2023

SF Real Estate Investment Trust (HKG:2191) Full Year 2022 Results

Key Financial Results

Revenue: HK$421.5m (up 15% from FY 2021).
Net income: HK$439.7m (up 68% from FY 2021).
EPS: HK$0.55 (up from HK$0.33 in FY 2021).

earnings-and-revenue-growth — SEHK:2191 Earnings and Revenue Growth March 17th 2023

All figures shown in the chart above are for the trailing 12 month (TTM) period

SF Real Estate Investment Trust Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 4.0%. Earnings per share (EPS) also surpassed analyst estimates by 112%.

Looking ahead, revenue is expected to decline by 2.0% p.a. on average during the next 2 years, while revenues in the REITs industry in Hong Kong are expected to grow by 5.7%.

Performance of the Hong Kong REITs industry.

The company's shares are up 8.0% from a week ago.

Risk Analysis

You should learn about the 4 warning signs we've spotted with SF Real Estate Investment Trust (including 2 which make us uncomfortable).

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.