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Lvji Technology Holdings Reports Strong Earnings Growth in 2023: Earnings Per Share Reaches CN¥0.092, Up from CN¥0.026 in 2022

Byeditor

Mar 29, 2024

Lvji Technology Holdings (HKG:1745) reported its full year 2023 financial results, showing a significant increase in revenue, net income, and profit margin compared to the previous year. Revenue reached CN¥585.4m, up 70% from FY 2022, while net income was CN¥145.2m, an increase of 287% from the previous year. The profit margin also saw a substantial improvement, rising to 25% from 11% in FY 2022. This increase in margin was attributed to higher revenue, leading to an earnings per share (EPS) of CN¥0.092, up from CN¥0.026 in FY 2022.

Lvji Technology Holdings shares are currently down 1.1% from a week ago, as per the data from March 29th, 2024. Investors should be aware of the 2 warning signs identified for Lvji Technology Holdings before making any decisions. Valuation of the company can be complex, but a comprehensive analysis is available to help determine if the stock is potentially overvalued or undervalued. This analysis includes fair value estimates, risks and warnings, dividends, insider transactions, and financial health.

If you have any feedback on this article or concerns about its content, you can contact us directly or email the editorial team at Simply Wall St. This article is intended to provide general information and commentary based on historical data and analyst forecasts. It is not financial advice and does not constitute a recommendation to buy or sell any stock. The analysis aims to provide long-term focused insights based on fundamental data and may not include the latest price-sensitive company announcements or qualitative material. Simply Wall St does not hold any positions in the stocks mentioned.

By editor

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