Honey Bun’s 2020 Year End Earnings Are Out. Q4 Recovery Boosts Revenue & Profits

• Revenue totaled 1.67b. Increasing by 8.47% or 130.80m YTD YoY.
  Having suffered a -7% or -$27m reduction in revenue in its third quarter, the company’s revenue recovered strongly in its 4th quarter to push the year end total above 2019’s. The Q4 revenue of ~$430m was one of its best quarterly revenue figures
• Net Income of 166.75m. Up by 6.57% or 10.28m YTD YoY.
  In the midst of a challenging year the company managed to deliver a growth in profits earned over the 12 month period driven by strong Q4 profits.  YTD profit jumped to $166.75m in Q4 from  $112.7m in Q3; which means the company earned $54m in Q4 2020. This was an impressive 74% growth compared to the $31m earned in Q4 2019

• Cash Flow From Operating Activities was 225.75m. Increasing by 7.90% or 16.52m YTD YoY.
  The company continues to maintain (and grow) strong positive Cash Flow, and Free Cash Flow even after their over -$119m  investments in Fixed assets are considered

This is just a summary. For more charts, ratios and other details visit HONBUN’s page here