Golden Heaven Group Fiscal 2023 EPS $0.13, Down From $0.29 YoY; Revenue $31.79M, Down From $41.79M YoY
Portfolio Pulse from Benzinga Newsdesk
Golden Heaven Group (GDHG) reported a decrease in fiscal 2023 earnings per share (EPS) to $0.13 from $0.29 year-over-year (YoY), and a revenue decline to $31.79M from $41.79M YoY. The decrease in revenue is mainly due to lower sales of in-park recreation and park service fees.
February 16, 2024 | 7:06 am
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Golden Heaven Group reported a significant decrease in both EPS and revenue for fiscal 2023, primarily due to reduced sales in in-park recreation and park service fees.
The reported decrease in EPS and revenue for Golden Heaven Group is a clear indicator of financial underperformance for the fiscal year 2023. The significant drop in sales of in-park recreation and park service fees, which are primary revenue sources, directly impacts the company's financial health and could lead to negative investor sentiment in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100