Grand Ocean Advanced Resources First Half 2023 Earnings: HK$0.012 loss per share (vs HK$0.005 profit in 1H 2022)

Grand Ocean Advanced Resources (HKG:65) First Half 2023 Results

Key Financial Results

• Revenue: HK$81.7m (down 22% from 1H 2022).
• Net loss: HK$18.2m (down by 341% from HK$7.57m profit in 1H 2022).
• HK$0.012 loss per share (down from HK$0.005 profit in 1H 2022).

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

Grand Ocean Advanced Resources shares are down 14% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Grand Ocean Advanced Resources, and understanding them should be part of your investment process.

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