Elec-Tech International Second Quarter 2024 Earnings: CN¥0.014 loss per share (vs CN¥0.052 loss in 2Q 2023)

Elec-Tech International (SZSE:002005) Second Quarter 2024 Results

Key Financial Results

• Revenue: CN¥181.9m (down 11% from 2Q 2023).
• Net loss: CN¥24.4m (loss narrowed by 73% from 2Q 2023).
• CN¥0.014 loss per share (improved from CN¥0.052 loss in 2Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Elec-Tech International's share price is broadly unchanged from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Elec-Tech International, and understanding this should be part of your investment process.

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