SEHK:2706Software
Beijing Haizhi Technology Group (SEHK:2706) Stock Can Revenue Justify Ongoing Losses
Beijing Haizhi Technology Group went into this earnings print with a hot reputation and a cooling chart, with the share price down over the past week, month and quarter even before the market closed at HK$41.68 on 11 September. The story investors bought was rapid software growth that would eventually make the red ink manageable. The headline from this half year is that the losses are still meaningful, with a net loss of ¥78.966 million on ¥295.563 million of revenue. That gap between premium...