China Chengtong Development Group (HKG:217) Full Year 2023 Results

Key Financial Results

• Revenue: HK$740.0m (down 42% from FY 2022).
• Net income: HK$68.0m (down 11% from FY 2022).
• Profit margin: 9.2% (up from 6.0% in FY 2022). The increase in margin was driven by lower expenses.
• EPS: HK$0.011 (down from HK$0.013 in FY 2022).

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

China Chengtong Development Group shares are up 11% from a week ago.

Risk Analysis

It is worth noting though that we have found 4 warning signs for China Chengtong Development Group (2 can't be ignored!) that you need to take into consideration.

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