SEHK:1321Real Estate
China New City Group (SEHK:1321) Stock Can Profit Hold Against Debt Pressure
China New City Group arrived at these H1 results with a bruised share price, down 15% over the past week and 15% over three months. Yet the new headline is earnings, not price. The company swung from recent half year losses to report basic earnings per share of ¥0.0503, alongside net income of ¥92.7m on revenue of ¥366.4m.
That profit print lands against a trailing twelve month loss and a stock that trades on roughly 1.5x sales. For investors, the focus now is whether this profitability can...