Choo Chiang Holdings (Catalist:42E) Full Year 2023 Results

Key Financial Results

• Revenue: S$91.0m (up 3.9% from FY 2022).

• Net income: S$10.5m (up 17% from FY 2022).

• Profit margin: 12% (up from 10% in FY 2022). The increase in margin was driven by higher revenue.

• EPS: S$0.051 (up from S$0.043 in FY 2022).

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

The primary driver behind last 12 months revenue was the Distribution Business segment contributing a total revenue of S$90.5m (99% of total revenue). Notably, cost of sales worth S$63.6m amounted to 70% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to S$13.8m (82% of total expenses). Explore how 42E's revenue and expenses shape its earnings.

Choo Chiang Holdings shares are down 1.4% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 3 warning signs for Choo Chiang Holdings (1 is a bit unpleasant) you should be aware of.

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