Hui Xian Real Estate Investment Trust Full Year 2023 Earnings: CN¥0.089 loss per share (vs CN¥0.21 loss in FY 2022)

Hui Xian Real Estate Investment Trust (HKG:87001) Full Year 2023 Results

Key Financial Results

• Revenue: CN¥2.45b (up 4.9% from FY 2022).
• Net loss: CN¥562.0m (loss narrowed by 57% from FY 2022).
• CN¥0.089 loss per share (improved from CN¥0.21 loss in FY 2022).

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

The primary driver behind last 12 months revenue was the Offices segment contributing a total revenue of CN¥1.07b (44% of total revenue). The most substantial expense, totaling CN¥1.63b were related to Non-Operating costs. This indicates that a significant portion of the company's costs is related to non-core activities. Explore how 87001's revenue and expenses shape its earnings.

Hui Xian Real Estate Investment Trust shares are down 6.0% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Hui Xian Real Estate Investment Trust (at least 1 which makes us a bit uncomfortable), and understanding them should be part of your investment process.

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