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- SEHK:658
China High Speed Transmission Equipment Group First Half 2024 Earnings: CN¥0.32 loss per share (vs CN¥0.13 profit in 1H 2023)
China High Speed Transmission Equipment Group (HKG:658) First Half 2024 Results
Key Financial Results
- Revenue: CN¥10.2b (down 9.8% from 1H 2023).
- Net loss: CN¥528.7m (down by 353% from CN¥209.2m profit in 1H 2023).
- CN¥0.32 loss per share (down from CN¥0.13 profit in 1H 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
China High Speed Transmission Equipment Group shares are up 8.4% from a week ago.
Risk Analysis
Be aware that China High Speed Transmission Equipment Group is showing 1 warning sign in our investment analysis that you should know about...
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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 SEHK:658
China High Speed Transmission Equipment Group
Engages in the research, design, development, manufacture, and sale of various mechanical transmission equipment in the People’s Republic of China, the United States, Europe, and internationally.
Mediocre balance sheet and slightly overvalued.