SEHK:1280Specialty Retail
China Qidian Guofeng Holdings (SEHK:1280) Revenue Climbs As Losses Deepen
China Qidian Guofeng Holdings came into this earnings day with a hot share price, up over the past month and closing at HK$1.495, while carrying a reputation for rich sales multiples and mounting losses. The latest half year numbers keep that tension alive. Revenue reached ¥235.469 million, yet the company still reported a net loss of ¥35.102 million and remains unprofitable over the past 12 months. For a stock already trading on an expensive price to sales ratio, this earnings headline...