China Information Technology Development Full Year 2024 Earnings: HK$0.56 loss per share (vs HK$0.35 loss in FY 2023)

China Information Technology Development (HKG:8178) Full Year 2024 Results

Key Financial Results

• Revenue: HK$41.5m (down 16% from FY 2023).
• Net loss: HK$37.6m (loss widened by 80% from FY 2023).
• HK$0.56 loss per share (further deteriorated from HK$0.35 loss in FY 2023).

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

China Information Technology Development's share price is broadly unchanged from a week ago.

Risk Analysis

Before we wrap up, we've discovered 2 warning signs for China Information Technology Development that you should be aware of.

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