Leadway Technology Investment Group Full Year 2023 Earnings: HK$0.06 loss per share (vs HK$0.004 profit in FY 2022)

Leadway Technology Investment Group (HKG:2086) Full Year 2023 Results

Key Financial Results

• Revenue: HK$79.2m (down 16% from FY 2022).
• Net loss: HK$19.2m (down from HK$1.13m profit in FY 2022).
• HK$0.06 loss per share (down from HK$0.004 profit 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 Europe segment contributing a total revenue of HK$35.8m (45% of total revenue). The largest operating expense was General & Administrative costs, amounting to HK$36.0m (58% of total expenses). Over the last 12 months, the company's earnings were enhanced by non-operating gains of HK$508.0k. Explore how 2086's revenue and expenses shape its earnings.

Leadway Technology Investment Group's share price is broadly unchanged from a week ago.

Risk Analysis

You still need to take note of risks, for example - Leadway Technology Investment Group has 3 warning signs (and 1 which makes us a bit uncomfortable) we think you should know about.

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