Lanzhou Huanghe Enterprise Second Quarter 2024 Earnings: CN¥0.039 loss per share (vs CN¥0.11 profit in 2Q 2023)
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).
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.
About SZSE:000929
Lanzhou Huanghe Enterprise
Engages in the production and sale of beer, malt, and beverages.
Mediocre balance sheet minimal.