Shandong Yabo Technology (SZSE:002323) released its full-year 2023 financial report, showing a revenue of CN¥772.8 million, an increase of 10% from the previous year. However, the company also reported a net loss of CN¥34.3 million, which is a significant decrease from the CN¥31.6 million profit in FY 2022. This translates to a loss per share of CN¥0.02, down from a profit per share of CN¥0.015 in the previous year.
Shandong Yabo Technology’s earnings and revenue history are presented for the trailing 12-month (TTM) period only. Currently, the company’s shares are down 5% from a week ago. As we evaluate the risks associated with SZSE:002323, we have identified one warning sign that investors should be aware of. Valuing a company can be complex, but our goal is to simplify this process for you on our platform.
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