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<Blue Chip Results>MEITUAN-W (03690.HK) 2022 Non-IFRS Adj. NP RMB2.827B, Beating Forecast
Recommend 37 Positive 94 Negative 42 |
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MEITUAN-W (03690.HK) released the financial results for the year ended 31 December 2022. The revenue swelled 22.8% YoY to RMB219.955 billion. Over the period, the company's non-IFRS adjusted net profit hailed a YoY turnaround from the loss of RMB15.572 billion in the year ago period to reach RMB2.827 billion, beating the median of 16 brokers' estimates as compiled by our reporters (RMB2.137 billion). LPS was RMB1.09. No dividend was declared. The loss tapered to RMB6.686 billion from that of RMB23.538 billion in the corresponding period of the previous year, slightly ahead of the median of 18 brokers' estimates as compiled by our reporters (a loss of RMB7.084 billion). AAStocks Financial News |
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