Xin Yuan Enterprises Group Full Year 2023 Earnings: EPS: US$0.019 (vs US$0.025 in FY 2022)

Xin Yuan Enterprises Group (HKG:1748) Full Year 2023 Results

Key Financial Results

• Revenue: US$58.9m (down 8.1% from FY 2022).
• Net income: US$8.50m (down 22% from FY 2022).
• Profit margin: 14% (down from 17% in FY 2022). The decrease in margin was driven by lower revenue.
• EPS: US$0.019 (down from US$0.025 in FY 2022).

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

Xin Yuan Enterprises Group's share price is broadly unchanged from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. See our latest analysis on Xin Yuan Enterprises Group's balance sheet health.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.