CK Infrastructure Holdings Full Year 2023 Earnings: EPS Beats Expectations, Revenues Lag

Simply Wall St·03/22/2024 00:27:17

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CK Infrastructure Holdings (HKG:1038) Full Year 2023 Results

Key Financial Results

Revenue: HK$6.77b (down 10% from FY 2022).
Net income: HK$8.03b (up 3.6% from FY 2022).
EPS: HK$3.19 (up from HK$3.08 in FY 2022).

earnings-and-revenue-growth — SEHK:1038 Earnings and Revenue Growth March 22nd 2024

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

CK Infrastructure Holdings EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 10%. Earnings per share (EPS) exceeded analyst estimates by 3.7%.

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 3.4% growth forecast for the Electric Utilities industry in Asia.

Performance of the market in Hong Kong.

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

Risk Analysis

Be aware that CK Infrastructure Holdings is showing 1 warning sign in our investment analysis that you should know about...

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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.

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