Stock Analysis

Lai Sun Development First Half 2024 Earnings: HK$1.28 loss per share (vs HK$1.40 loss in 1H 2023)

SEHK:488
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Lai Sun Development (HKG:488) First Half 2024 Results

Key Financial Results

  • Revenue: HK$3.04b (up 23% from 1H 2023).
  • Net loss: HK$1.85b (loss widened by 36% from 1H 2023).
  • HK$1.28 loss per share.
earnings-and-revenue-history
SEHK:488 Earnings and Revenue History April 21st 2024

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

Lai Sun Development shares are down 18% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with Lai Sun Development (at least 2 which are a bit unpleasant), and understanding them should be part of your investment process.

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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.