Tibet Urban Development and InvestmentLTD Second Quarter 2024 Earnings: CN¥0.056 loss per share (vs CN¥0.015 profit in 2Q 2023)

Tibet Urban Development and InvestmentLTD (SHSE:600773) Second Quarter 2024 Results

Key Financial Results

• Revenue: CN¥74.0m (down 79% from 2Q 2023).
• Net loss: CN¥52.9m (down from CN¥12.1m profit in 2Q 2023).
• CN¥0.056 loss per share (down from CN¥0.015 profit in 2Q 2023).

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

Tibet Urban Development and InvestmentLTD shares are down 6.8% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 2 warning signs for Tibet Urban Development and InvestmentLTD (of which 1 is a bit concerning!) you should know about.

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