Millennium Housing Developers Past Earnings Performance

Past criteria checks 0/6

Millennium Housing Developers's earnings have been declining at an average annual rate of -50.4%, while the Real Estate industry saw earnings growing at 3.6% annually. Revenues have been declining at an average rate of 16.5% per year.

Key information

-50.4%

Earnings growth rate

-50.3%

EPS growth rate

Real Estate Industry Growth	3.9%
Revenue growth rate	-16.5%
Return on equity	-20.8%
Net Margin	-41.5%
Last Earnings Update	31 Dec 2023

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown
Beta

How Millennium Housing Developers makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

COSE:MHDL.N0000 Revenue, expenses and earnings (LKR Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 23	364	-151	222
30 Sep 23	443	-131	197
30 Jun 23	403	-250	213
31 Mar 23	675	-199	275
31 Dec 22	584	-179	241
30 Sep 22	571	-140	250
30 Jun 22	703	-32	253
31 Mar 22	468	-85	250
31 Dec 21	612	22	233
30 Sep 21	856	78	226
30 Jun 21	1,013	130	217
31 Mar 21	1,003	143	203
31 Dec 20	1,214	187	205
30 Sep 20	1,054	153	214
30 Jun 20	1,038	126	227
31 Mar 20	1,294	173	252
31 Dec 19	801	17	251
30 Sep 19	1,428	232	241
30 Jun 19	1,272	186	247
31 Mar 19	1,005	115	241
31 Dec 18	279	-144	261
30 Sep 18	-225	-343	280
30 Jun 18	23	-285	285
31 Mar 18	973	-103	290
31 Dec 17	1,998	241	270
30 Sep 17	2,100	250	258
30 Jun 17	2,030	248	240
31 Mar 17	1,306	148	226
31 Dec 16	1,174	126	239
30 Sep 16	977	119	228
30 Jun 16	906	106	212
31 Mar 16	820	88	200
31 Dec 15	911	134	175
30 Sep 15	989	159	165
30 Jun 15	804	128	156
31 Mar 15	689	114	145
31 Dec 14	667	93	146
30 Sep 14	527	51	138
30 Jun 14	657	103	130
31 Mar 14	714	127	128
31 Dec 13	688	124	116
30 Sep 13	830	181	110
30 Jun 13	644	117	110

Quality Earnings: MHDL.N0000 is currently unprofitable.

Growing Profit Margin: MHDL.N0000 is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: MHDL.N0000 is unprofitable, and losses have increased over the past 5 years at a rate of 50.4% per year.

Accelerating Growth: Unable to compare MHDL.N0000's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: MHDL.N0000 is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (-19%).

Return on Equity

High ROE: MHDL.N0000 has a negative Return on Equity (-20.84%), as it is currently unprofitable.

Millennium Housing Developers Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Third quarter 2024 earnings released: LK₨0.40 loss per share (vs LK₨0.47 loss in 3Q 2023)

Second quarter 2024 earnings released: EPS: LK₨0.17 (vs LK₨0.71 loss in 2Q 2023)

First quarter 2024 earnings released: LK₨0.58 loss per share (vs LK₨0.02 profit in 1Q 2023)

Full year 2023 earnings released: LK₨1.26 loss per share (vs LK₨0.63 loss in FY 2022)

Third quarter 2023 earnings released: LK₨0.47 loss per share (vs LK₨0.18 loss in 3Q 2022)

First quarter 2023 earnings released: EPS: LK₨0.02 (vs LK₨0.38 loss in 1Q 2022)

Recent updates

Third quarter 2024 earnings released: LK₨0.40 loss per share (vs LK₨0.47 loss in 3Q 2023)

New major risk - Share price stability

Millennium Housing Developers PLC Elects Saman Sri Lal as Director

Millennium Housing Developers PLC, Annual General Meeting, Jan 09, 2024

Second quarter 2024 earnings released: EPS: LK₨0.17 (vs LK₨0.71 loss in 2Q 2023)

New major risk - Revenue and earnings growth

First quarter 2024 earnings released: LK₨0.58 loss per share (vs LK₨0.02 profit in 1Q 2023)

Full year 2023 earnings released: LK₨1.26 loss per share (vs LK₨0.63 loss in FY 2022)

Third quarter 2023 earnings released: LK₨0.47 loss per share (vs LK₨0.18 loss in 3Q 2022)

First quarter 2023 earnings released: EPS: LK₨0.02 (vs LK₨0.38 loss in 1Q 2022)

Full year 2022 earnings released: LK₨0.72 loss per share (vs LK₨1.06 profit in FY 2021)

Investor sentiment deteriorated over the past week

Insufficient new directors

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Second quarter 2022 earnings released: EPS LK₨0.09 (vs LK₨0.47 in 2Q 2021)

First quarter 2022 earnings released: LK₨0.38 loss per share (vs LK₨0.28 loss in 1Q 2021)

Investor sentiment improved over the past week

New 90-day low: LK₨5.70

Third quarter 2021 earnings released: EPS LK₨0.24 (vs LK₨0.009 loss in 3Q 2020)

New 90-day low: LK₨6.20

Second quarter 2021 earnings released: EPS LK₨0.47

Market bids up stock over the past week

New 90-day high: LK₨7.50

First quarter earnings released

Millennium Housing Developers PLC Announces Cessation of Hettiaratchige Jayantha Christopher and Rajiv Perera as Directors of the Company

New 90-day high - LK₨6.30

New 90-day high - LK₨5.90

Revenue & Expenses BreakdownBeta

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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