Ouhua Energy Holdings Reports Full Year 2023 Earnings

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Ouhua Energy Holdings (SGX:AJ2) Full Year 2023 Results

Key Financial Results

  • Revenue: CN¥3.36b (down 28% from FY 2022).

  • Net income: CN¥18.9m (down 61% from FY 2022).

  • Profit margin: 0.6% (down from 1.0% in FY 2022). The decrease in margin was driven by lower revenue.

earnings-and-revenue-history
earnings-and-revenue-history

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

Ouhua Energy Holdings shares are down 2.4% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with Ouhua Energy Holdings (at least 1 which doesn't sit too well with us), and understanding these should be part of your investment process.

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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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