SEHK:6651Software
Beijing 51World Digital Twin Technology (SEHK:6651) Revenue Growth Masks Deeper Losses
Beijing 51World Digital Twin Technology went into this earnings release with a hot stock and a cold income statement. The share price is up about 52% over the past three months, yet the latest half year still delivered a sizeable loss and kept the company in the red on a trailing twelve month basis.
The core story today is margin pressure. Revenue now sits in the mid hundreds of millions of CNY, but trailing twelve month net income from continuing operations remains deeply negative and basic...