Stock Analysis
- Hong Kong
- /
- Telecom Services and Carriers
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- SEHK:1883
CITIC Telecom International Holdings Full Year 2022 Earnings: Beats Expectations
CITIC Telecom International Holdings (HKG:1883) Full Year 2022 Results
Key Financial Results
- Revenue: HK$10.1b (up 6.6% from FY 2021).
- Net income: HK$1.19b (up 11% from FY 2021).
- Profit margin: 12% (in line with FY 2021).
- EPS: HK$0.32 (up from HK$0.29 in FY 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
CITIC Telecom International Holdings Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 2.6%. Earnings per share (EPS) also surpassed analyst estimates by 4.2%.
Looking ahead, revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Telecom industry in Hong Kong.
Performance of the Hong Kong Telecom industry.
The company's shares are up 5.9% from a week ago.
Balance Sheet Analysis
While earnings are important, another area to consider is the balance sheet. We've done some analysis and you can see our take on CITIC Telecom International Holdings' balance sheet.
Valuation is complex, but we're helping make it simple.
Find out whether CITIC Telecom International Holdings is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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