Stock Analysis

China Merchants Commercial Real Estate Investment Trust First Half 2024 Earnings: CN¥0.12 loss per share (vs CN¥0.051 loss in 1H 2023)

SEHK:1503
Source: Shutterstock

China Merchants Commercial Real Estate Investment Trust (HKG:1503) First Half 2024 Results

Key Financial Results

  • Revenue: CN¥266.3m (up 12% from 1H 2023).
  • Net loss: CN¥135.4m (loss widened by 136% from 1H 2023).
  • CN¥0.12 loss per share (further deteriorated from CN¥0.051 loss in 1H 2023).
earnings-and-revenue-history
SEHK:1503 Earnings and Revenue History October 2nd 2024

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

China Merchants Commercial Real Estate Investment Trust shares are up 10% from a week ago.

Risk Analysis

You still need to take note of risks, for example - China Merchants Commercial Real Estate Investment Trust has 3 warning signs (and 2 which are significant) we think you should know about.

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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:1503

China Merchants Commercial Real Estate Investment Trust

China Merchants Commercial REIT is a Hong Kong collective investment scheme authorised under section 104 of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) and its units are listed on the Main Board of the Stock Exchange of Hong Kong Limited (the “HKSE”).

Good value second-rate dividend payer.