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

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.

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