Fujian Blue Hat Interactive Entertainment Technology's 2022 Earnings: Reduced Loss
Fujian Blue Hat Interactive Entertainment Technology reported a net loss of US$9.37m for FY 2022, with a loss per share of US$1.23. However, the loss narrowed by 84% compared to the previous year. The company's revenue also dropped by 51% to US$7.38m. The share price remained stable. The article advises readers to be aware of the risks and opportunities associated with the company.
Super Chloe
Super Chloe
Nov. 05, 2023 16:57
Fujian Blue Hat Interactive Entertainment Technology's 2022 Earnings: Reduced Loss

Fujian Blue Hat Interactive Entertainment Technology ( ) reported its full-year 2022 results, which showed a decline in revenue of 51% compared to the previous year. The company's net loss also narrowed by 84% from the previous year, with a loss per share of US$1.23, an improvement from the US$11.60 loss in FY 2021. These figures represent the trailing 12 month (TTM) period.

Despite the financial results, Fujian Blue Hat Interactive Entertainment Technology's share price has remained relatively unchanged from a week ago.

When considering the risks and opportunities for Fujian Blue Hat Interactive Entertainment Technology, it is important to be aware of the potential factors that may impact the company's performance.

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It is important to note that this article by Simply Wall St is of a general nature. The commentary provided is based on historical data and analyst forecasts, using an unbiased methodology. The articles are not intended to serve as financial advice and do not take into account individual objectives or financial situations. The aim is to provide long-term focused analysis driven by fundamental data. Please be aware that the analysis may not include the latest price-sensitive company announcements or qualitative material. Simply Wall St does not have any positions in the mentioned stocks.

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