Cornerstone Financial Holdings Second Quarter 2024 Earnings: HK$0.044 loss per share (vs HK$0.035 loss in 2Q 2023)
Cornerstone Financial Holdings (HKG:8112) Second Quarter 2024 Results
Key Financial Results
- Revenue: HK$13.6m (down 4.6% from 2Q 2023).
- Net loss: HK$10.2m (loss widened by 26% from 2Q 2023).
- HK$0.044 loss per share (further deteriorated from HK$0.035 loss in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Cornerstone Financial Holdings shares are down 7.3% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 2 warning signs for Cornerstone Financial Holdings that you should be aware of.
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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:8112
Cornerstone Financial Holdings
An investment holding company, engages in the financial, and advertising and media service businesses in Hong Kong and Singapore.
Flawless balance sheet very low.
