Gem-Year IndustrialLtd Second Quarter 2024 Earnings: CN¥0.006 loss per share (vs CN¥0.004 loss in 2Q 2023)
Gem-Year IndustrialLtd (SHSE:601002) Second Quarter 2024 Results
Key Financial Results
- Revenue: CN¥480.3m (down 3.8% from 2Q 2023).
- Net loss: CN¥6.47m (loss widened by 64% from 2Q 2023).
- CN¥0.006 loss per share (further deteriorated from CN¥0.004 loss in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Gem-Year IndustrialLtd shares are up 2.4% from a week ago.
Risk Analysis
You should learn about the 2 warning signs we've spotted with Gem-Year IndustrialLtd (including 1 which shouldn't be ignored).
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About SHSE:601002
Gem-Year IndustrialLtd
Engages in the research, development, production, and distribution of fasteners in China.
Excellent balance sheet and good value.
