Stock Analysis

Shenzhen Worldunion Group First Quarter 2024 Earnings: CN¥0.02 loss per share (vs CN¥0.01 loss in 1Q 2023)

Simply Wall St

April 26, 2024

Shenzhen Worldunion Group (SZSE:002285) First Quarter 2024 Results

Key Financial Results

Revenue: CN¥533.8m (down 32% from 1Q 2023).
Net loss: CN¥40.7m (loss widened by 212% from 1Q 2023).
CN¥0.02 loss per share (further deteriorated from CN¥0.01 loss in 1Q 2023).

earnings-and-revenue-history — SZSE:002285 Earnings and Revenue History April 26th 2024

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

Shenzhen Worldunion Group's share price is broadly unchanged from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 1 warning sign for Shenzhen Worldunion Group that you need to be mindful of.

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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.