Nan Nan Resources Enterprise First Half 2024 Earnings: EPS: HK$0.024 (vs HK$0.32 loss in 1H 2023)

Nan Nan Resources Enterprise (HKG:1229) First Half 2024 Results

Key Financial Results

• Revenue: HK$54.1m (down 51% from 1H 2023).
• Net income: HK$18.2m (up from HK$241.4m loss in 1H 2023).
• Profit margin: 34% (up from net loss in 1H 2023).
• EPS: HK$0.024 (up from HK$0.32 loss in 1H 2023).

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

Nan Nan Resources Enterprise shares are down 4.1% from a week ago.

Risk Analysis

Be aware that Nan Nan Resources Enterprise is showing 4 warning signs in our investment analysis and 3 of those make us uncomfortable...

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