SEHK:1164Oil and Gas
CGN Mining (SEHK:1164) Stock Can Revenue Growth Outrun A Fresh Loss?
CGN Mining walked into this earnings season with a growth stock reputation and a share price that had climbed about 20% over the past month. Yet the stock closed at HK$2.87 after the market digested a first half that produced higher revenue but slipped back into a net loss.
The real headline is the profit squeeze. After posting a profit in the second half of 2025, CGN Mining reported a loss of HK$80.06m for the first half of 2026 and basic earnings per share of HK$0.0105 in the red. For a...