earnings-and-revenue-growth

Link Real Estate Investment Trust Reports First Half 2023 Earnings

Beth McCandry

Link Real Estate Investment Trust (HKG:823) First Half 2023 Results

Key financial results

  • Revenue: HK$6.04b (flat on 1H 2022).
  • Net income: HK$14.0b (up 123% from 1H 2022).

SEHK:823 Earnings and Revenue Growth November 10th 2022

All figures shown in the chart above are for the trailing 12 month (TTM) period

Link Real Estate Investment Trust Earnings Insights

Looking ahead, revenue is forecast to grow 4.3% pa ​​on average during the next 3 years, compared to a 3.9% growth forecast for the REITs industry in Hong Kong.

Performance of the Hong Kong REITs industry.

The company’s shares are up 4.4% from a week ago.

Risk Analysis

We don’t want to rain on the parade too much, but we did also find 2 warning signs for Link Real Estate Investment Trust (1 doesn’t sit too well with us!) that you need to be mindful of.

Valuation is complex, but we’re helping make it simple.

Find out whether Link Real Estate Investment Trust is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

View the Free Analysis

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.