$Via Renewables (VIA.US)$Revenue fell continuously for 3 yea...
$Via Renewables(VIA.US$Revenue fell continuously for 3 years to a low of 390 million after reaching a high of 1.01 billion in 2018, and recovered 17% to 460 million in 2022. Operating profit reversed losses in 2019, fell sharply to 4.409 million after reaching a high of 189 million in 2020, recovered to 0.25 million yuan in 2022, net profit reached a high of 66 million in 2020, losses in 2021, and recovered to 011 million in 2022. However, due to minority shareholders and preferred stock dividends, 2022 will still be at a loss for common shareholders.
Revenue increased by 3.7% in 2023Q1, and operating profit fell sharply to the loss range. Although net profit from minority shareholders has returned a lot, common shareholders still have to bear losses after dividends are paid out on preferred shares, and there is currently no investment value.
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