International Business Digital Technology Reports Full Year 2023 Earnings: Loss of CN¥0.07 per Share compared to Loss of CN¥0.019 in FY 2022


International Business Digital Technology Reports Full Year 2023 Earnings: Loss of CN¥0.07 per Share compared to Loss of CN¥0.019 in FY 2022

International Business Digital Technology (HKG:1782) reported their full year 2023 results, showing key financial metrics. The company saw revenue of CN¥120.2m, which was a 16% increase from the previous fiscal year. However, they also reported a net loss of CN¥47.2m, which widened by 295% compared to FY 2022. This resulted in a loss per share of CN¥0.07, a significant deterioration from CN¥0.019 loss in the previous year.

Looking at the earnings and revenue history of SEHK:1782 as of March 31st, 2024, the chart shows figures for the trailing 12 month (TTM) period. International Business Digital Technology shares have seen a 12% increase in value from the week prior.

While there have been positive movements in the company’s stock price, there are also some risks to be aware of. One warning sign for International Business Digital Technology should be noted. Valuation can be a complex process, but our analysis aims to simplify it for investors. By understanding the potential over or undervaluation of the company, investors can make informed decisions.

If you have feedback on this article or concerns about the content, feel free to get in touch with us directly or email the editorial team at editorial-team@simplywallst.com. This article by Simply Wall St provides general commentary based on historical data and analyst forecasts, using an unbiased methodology. It is not intended to be financial advice, and does not take into account individual objectives or financial situations. We aim to deliver long-term focused analysis driven by fundamental data, though our analysis may not always reflect the latest company announcements or qualitative information. Simply Wall St does not hold positions in any stocks mentioned.

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