Ho Bee Land (SGX:H13) Full Year 2023 Results

Key Financial Results

• Revenue: S$497.6m (up 4.8% from FY 2022).

• Net loss: S$259.8m (down by 257% from S$165.9m profit in FY 2022).

• S$0.39 loss per share (down from S$0.25 profit 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 Property Investment segment contributing a total revenue of S$255.8m (51% of total revenue). The most substantial expense, totaling S$568.8m were related to Non-Operating costs. This indicates that a significant portion of the company's costs is related to non-core activities. Explore how H13's revenue and expenses shape its earnings.

Ho Bee Land shares are up 1.2% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for Ho Bee Land you should be aware of.

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