Stock Analysis

Lanzhou Huanghe Enterprise Second Quarter 2024 Earnings: CN¥0.039 loss per share (vs CN¥0.11 profit in 2Q 2023)

SZSE:000929
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Lanzhou Huanghe Enterprise (SZSE:000929) Second Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥61.2m (up 4.0% from 2Q 2023).
  • Net loss: CN¥7.33m (down by 136% from CN¥20.5m profit in 2Q 2023).
  • CN¥0.039 loss per share (down from CN¥0.11 profit in 2Q 2023).
earnings-and-revenue-history
SZSE:000929 Earnings and Revenue History August 25th 2024

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

Lanzhou Huanghe Enterprise shares are down 7.3% 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 Lanzhou Huanghe Enterprise, and understanding it should be part of your investment process.

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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.