SEHK:1205Industrials
CITIC Resources Holdings (SEHK:1205) Stock Faces Profit Recovery Doubts After Revenue Drop
CITIC Resources Holdings went into its H1 2026 earnings with the stock at HK$0.51, up over the past month but still weaker over the last quarter. The headline was not revenue growth; the story was profit. Basic earnings per share for the half came in at HK$0.0363, against modest earnings in H2 2025, with net income at HK$285.6m on HK$5.1b of revenue.
Short term traders saw a low priced stock move. Longer term investors now have to weigh that profit rebound against a higher 13.2x trailing P/E...