VSTECS Holdings Limited provided consolidated earnings guidance for the year ended December 31, 2022. For the period, the group expects to record a decrease of 35% to 40% in profit attributable to the Shareholders compared to the profit attributable to the Shareholders of approximately HKD 1,314 million for the year ended 31 December 2021 primarily due to (i) the Group's operations have been affected by Covid-19 outbreaks and public health control measures at the cities in the People 's Republic of China; (ii) the increase in operating expenses due to inflation, (iii) the increase in finance costs due to increase in interest rate; and (iv) the fluctuation in exchange rate in China and countries in South East Asia.
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5-day change | 1st Jan Change | ||
5 HKD | +2.67% | +7.07% | +13.64% |
Mar. 21 | VSTECS’s Profit Up in 2023 | MT |
Mar. 21 | Vstecs Holdings Limited Proposes Final Dividend for the Year Ended 31 December 2023, Payable on 12 July 2024 | CI |
EPS Revisions
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
+13.64% | 918M | |
+63.48% | 89.27B | |
-6.95% | 27.4B | |
+1.12% | 22.32B | |
+0.78% | 18.03B | |
-8.90% | 12.3B | |
+9.13% | 10.03B | |
+14.60% | 9.94B | |
-14.40% | 9.54B | |
+17.98% | 9.41B |
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