Northeast Electric Development First Half 2024 Earnings: EPS: CN¥0.004 (vs CN¥0.01 loss in 1H 2023)

Northeast Electric Development (HKG:42) First Half 2024 Results

Key Financial Results

• Revenue: CN¥68.0m (up 72% from 1H 2023).
• Net income: CN¥3.59m (up from CN¥8.55m loss in 1H 2023).
• Profit margin: 5.3% (up from net loss in 1H 2023).
• EPS: CN¥0.004 (up from CN¥0.01 loss in 1H 2023).

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

Northeast Electric Development shares are up 11% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Northeast Electric Development has 3 warning signs (and 1 which doesn't sit too well with us) we think you should know about.

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