Polski Holding Nieruchomosci First Quarter 2024 Earnings: zł0.51 loss per share (vs zł0.14 loss in 1Q 2023)

Polski Holding Nieruchomosci (WSE:PHN) First Quarter 2024 Results

Key Financial Results

• Revenue: zł133.7m (down 2.6% from 1Q 2023).
• Net loss: zł26.2m (loss widened by 274% from 1Q 2023).
• zł0.51 loss per share (further deteriorated from zł0.14 loss in 1Q 2023).

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

Polski Holding Nieruchomosci Earnings Insights

Looking ahead, revenue is expected to decline by 2.4% p.a. on average during the next 2 years, while revenues in the Real Estate industry in Poland are expected to grow by 8.0%.

Performance of the Polish Real Estate industry.

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

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Polski Holding Nieruchomosci, and understanding this should be part of your investment process.

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