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- SZSE:002346
Shanghai Zhezhong GroupLtd Second Quarter 2024 Earnings: CN¥0.017 loss per share (vs CN¥0.42 profit in 2Q 2023)
Shanghai Zhezhong GroupLtd (SZSE:002346) Second Quarter 2024 Results
Key Financial Results
- Revenue: CN¥264.7m (up 12% from 2Q 2023).
- Net loss: CN¥7.38m (down by 104% from CN¥189.6m profit in 2Q 2023).
- CN¥0.017 loss per share (down from CN¥0.42 profit in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Shanghai Zhezhong GroupLtd's share price is broadly unchanged from a week ago.
Risk Analysis
It is worth noting though that we have found 1 warning sign for Shanghai Zhezhong GroupLtd that you need to take into consideration.
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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 SZSE:002346
Shanghai Zhezhong GroupLtd
Manufactures and sells sets of switchgears in China.
Adequate balance sheet unattractive dividend payer.