Stock Analysis

IReader Technology First Quarter 2024 Earnings: CN¥0.17 loss per share (vs CN¥0.02 profit in 1Q 2023)

SHSE:603533
Source: Shutterstock

IReader Technology (SHSE:603533) First Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥678.5m (up 13% from 1Q 2023).
  • Net loss: CN¥73.2m (down from CN¥6.67m profit in 1Q 2023).
  • CN¥0.17 loss per share (down from CN¥0.02 profit in 1Q 2023).
earnings-and-revenue-history
SHSE:603533 Earnings and Revenue History April 29th 2024

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

IReader Technology shares are up 12% from a week ago.

Risk Analysis

Before you take the next step you should know about the 1 warning sign for IReader Technology that we have uncovered.

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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 SHSE:603533

IReader Technology

Provides digital reading platform services in China.

Flawless balance sheet and fair value.

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