Logan Group First Half 2024 Earnings: CN¥0.28 loss per share (vs CN¥0.35 loss in 1H 2023)

Logan Group (HKG:3380) First Half 2024 Results

Key Financial Results

• Revenue: CN¥14.1b (up 1.4% from 1H 2023).
• Net loss: CN¥1.54b (loss narrowed by 20% from 1H 2023).
• CN¥0.28 loss per share (improved from CN¥0.35 loss in 1H 2023).

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

Logan Group Earnings Insights

Looking ahead, revenue is expected to decline by 27% p.a. on average during the next 3 years, while revenues in the Real Estate industry in Hong Kong are expected to grow by 5.2%.

Performance of the Hong Kong Real Estate industry.

The company's shares are up 4.1% from a week ago.

Risk Analysis

You should learn about the 2 warning signs we've spotted with Logan Group.

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