CN Energy Group First Half 2023 Earnings: US$0.093 loss per share (vs US$0.049 profit in 1H 2022)

CN Energy Group (NASDAQ:CNEY) First Half 2023 Results

Key Financial Results

• Revenue: US$22.7m (up 66% from 1H 2022).

• Net loss: US$4.17m (down from US$1.00m profit in 1H 2022).

• US$0.093 loss per share (down from US$0.049 profit in 1H 2022).

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

CN Energy Group Earnings Insights

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Chemicals industry in the US.

Performance of the American Chemicals industry.

The company's shares are down 11% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 3 warning signs for CN Energy Group that you should be aware of.

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