Stock Analysis

WANG & LEE GROUP Full Year 2023 Earnings: US$0.022 loss per share (vs US$0.05 loss in FY 2022)

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WANG & LEE GROUP (NASDAQ:WLGS) Full Year 2023 Results

Key Financial Results

  • Revenue: US$6.83m (up 64% from FY 2022).
  • Net loss: US$328.1k (loss narrowed by 45% from FY 2022).
  • US$0.022 loss per share (improved from US$0.05 loss in FY 2022).
earnings-and-revenue-history
NasdaqCM:WLGS Earnings and Revenue History April 20th 2024

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

WANG & LEE GROUP shares are up 18% from a week ago.

Risk Analysis

It is worth noting though that we have found 3 warning signs for WANG & LEE GROUP that you need to take into consideration.

Valuation is complex, but we're here to simplify it.

Discover if WANG & LEE GROUP might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

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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.

About OTCPK:WLGS.F

WANG & LEE GROUP

Through its subsidiary, operates as a construction contractor in Hong Kong and Mainland China.

Medium-low risk with adequate balance sheet.

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