Stock Analysis

QITIAN Technology Group First Quarter 2024 Earnings: CN¥0.009 loss per share (vs CN¥0.002 profit in 1Q 2023)

Simply Wall St

April 25, 2024

QITIAN Technology Group (SZSE:300061) First Quarter 2024 Results

Key Financial Results

Revenue: CN¥202.3m (down 11% from 1Q 2023).
Net loss: CN¥5.71m (down by 458% from CN¥1.60m profit in 1Q 2023).
CN¥0.009 loss per share (down from CN¥0.002 profit in 1Q 2023).

earnings-and-revenue-history — SZSE:300061 Earnings and Revenue History April 25th 2024

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

QITIAN Technology Group shares are up 4.3% from a week ago.

Risk Analysis

You should learn about the 2 warning signs we've spotted with QITIAN Technology Group (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.