CK Infrastructure Holdings Full Year 2023 Earnings: EPS Beats Expectations, Revenues Lag

CK Infrastructure Holdings (HKG:1038) Full Year 2023 Results

Key Financial Results

• Revenue: HK$6.77b (down 10% from FY 2022).
• Net income: HK$8.03b (up 3.6% from FY 2022).
• EPS: HK$3.19 (up from HK$3.08 in FY 2022).

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

CK Infrastructure Holdings EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 10%. Earnings per share (EPS) exceeded analyst estimates by 3.7%.

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 3.4% growth forecast for the Electric Utilities industry in Asia.

Performance of the market in Hong Kong.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Be aware that CK Infrastructure Holdings is showing 1 warning sign in our investment analysis that you should know about...

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