Freetech Road Recycling Technology (Holdings) First Half 2023 Earnings: EPS: HK$0.002 (vs HK$0.01 loss in 1H 2022)

Freetech Road Recycling Technology (Holdings) (HKG:6888) First Half 2023 Results

Key Financial Results

• Revenue: HK$164.0m (down 9.3% from 1H 2022).
• Net income: HK$2.28m (up from HK$9.75m loss in 1H 2022).
• Profit margin: 1.4% (up from net loss in 1H 2022). The move to profitability was driven by lower expenses.
• EPS: HK$0.002 (up from HK$0.01 loss in 1H 2022).

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

Freetech Road Recycling Technology (Holdings) shares are up 12% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 2 warning signs for Freetech Road Recycling Technology (Holdings) (1 is significant!) that you need to be mindful of.

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