Stock Analysis
- Hong Kong
- /
- Energy Services
- /
- SEHK:568
Shandong Molong Petroleum Machinery First Quarter 2024 Earnings: EPS: CN¥0.27 (vs CN¥0.11 loss in 1Q 2023)
Shandong Molong Petroleum Machinery (HKG:568) First Quarter 2024 Results
Key Financial Results
- Revenue: CN¥193.6m (down 53% from 1Q 2023).
- Net income: CN¥216.9m (up from CN¥87.1m loss in 1Q 2023).
- EPS: CN¥0.27 (up from CN¥0.11 loss in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Shandong Molong Petroleum Machinery shares are up 4.5% from a week ago.
Risk Analysis
You still need to take note of risks, for example - Shandong Molong Petroleum Machinery has 2 warning signs (and 1 which doesn't sit too well with us) we think 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:568
Shandong Molong Petroleum Machinery
Engages in the design, research and development, production, and sale of products for the energy equipment industry in the People’s Republic of China and internationally.