Zhongyu Energy Holdings Full Year 2023 Earnings: EPS: HK$0.087 (vs HK$0.061 in FY 2022)

Zhongyu Energy Holdings (HKG:3633) Full Year 2023 Results

Key Financial Results

• Revenue: HK$13.6b (up 5.0% from FY 2022).
• Net income: HK$246.7m (up 42% from FY 2022).
• Profit margin: 1.8% (up from 1.3% in FY 2022). The increase in margin was driven by higher revenue.
• EPS: HK$0.087 (up from HK$0.061 in FY 2022).

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

The primary driver behind last 12 months revenue was the Sales of Gas segment contributing a total revenue of HK$11.0b (81% of total revenue). Notably, cost of sales worth HK$11.7b amounted to 86% of total revenue thereby underscoring the impact on earnings. The most substantial expense, totaling HK$801.0m were related to Non-Operating costs. This indicates that a significant portion of the company's costs is related to non-core activities. Explore how 3633's revenue and expenses shape its earnings.

Zhongyu Energy Holdings shares are down 1.4% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for Zhongyu Energy Holdings you should be aware of.

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