$Hudson Pacific Properties Inc (HPP.US)$ 🎯 2024.4.11 Curren...

New data: 23Q3 and 23Q4. Revenue continued to decline at an accelerated pace, operating profit turned into loss in Q4, and net profit continued to lose.

Revenue shrank by 7.2% in 2023, operating profit shrank sharply by 81.8% due to increased costs and expenses, and net profit lost a large loss of 190 million due to a sharp increase in interest expenses.

Currently, cash is 100 million, real estate is 7 billion, total debt is 4.72 billion, the difference is 2.38 billion, and the market value has dropped to 870 million. There is no need for any adjustments for the time being.