Tongdao Liepin Group Reports First Quarter 2024 Earnings

Simply Wall St

May 26, 2024

Tongdao Liepin Group (HKG:6100) First Quarter 2024 Results

Key Financial Results

Revenue: CN¥470.8m (down 6.4% from 1Q 2023).
Net loss: CN¥10.1m (loss narrowed by 76% from 1Q 2023).

earnings-and-revenue-growth — SEHK:6100 Earnings and Revenue Growth May 26th 2024

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

Tongdao Liepin Group Earnings Insights

Looking ahead, revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Interactive Media and Services industry in Asia.

Performance of the market in Hong Kong.

The company's shares are down 12% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 1 warning sign for Tongdao Liepin Group that you should be aware of.

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