PC Partner Group Full Year 2023 Earnings: EPS: HK$0.16 (vs HK$1.81 in FY 2022)

PC Partner Group (HKG:1263) Full Year 2023 Results

Key Financial Results

• Revenue: HK$9.17b (down 15% from FY 2022).
• Net income: HK$60.8m (down 91% from FY 2022).
• Profit margin: 0.7% (down from 6.5% in FY 2022). The decrease in margin was driven by lower revenue.
• EPS: HK$0.16 (down from HK$1.81 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 Asia Pacific (APAC) segment contributing a total revenue of HK$3.27b (36% of total revenue). Notably, cost of sales worth HK$8.47b amounted to 92% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to HK$445.9m (70% of total expenses). Explore how 1263's revenue and expenses shape its earnings.

PC Partner Group shares are down 5.5% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with PC Partner Group, and understanding these should be part of your investment process.

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