Grand Power Logistics Group Third Quarter 2023 Earnings: EPS: HK$0.002 (vs HK$0.025 loss in 3Q 2022)

Simply Wall St

November 15, 2023

Grand Power Logistics Group (HKG:8489) Third Quarter 2023 Results

Key Financial Results

Revenue: HK$207.2m (up 37% from 3Q 2022).
Net income: HK$635.0k (up from HK$7.45m loss in 3Q 2022).
Profit margin: 0.3% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue.
EPS: HK$0.002 (up from HK$0.025 loss in 3Q 2022).

earnings-and-revenue-history — SEHK:8489 Earnings and Revenue History November 15th 2023

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

Grand Power Logistics Group's share price is broadly unchanged from a week ago.

Risk Analysis

Be aware that Grand Power Logistics Group is showing 2 warning signs in our investment analysis that you should know about...

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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.