SMIT Holdings First Half 2024 Earnings: US$0.046 loss per share (vs US$0.001 profit in 1H 2023)

SMIT Holdings (HKG:2239) First Half 2024 Results

Key Financial Results

• Revenue: US$8.66m (down 23% from 1H 2023).
• Net loss: US$14.9m (down from US$407.1k profit in 1H 2023).
• US$0.046 loss per share (down from US$0.001 profit in 1H 2023).

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

SMIT Holdings' share price is broadly unchanged from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with SMIT Holdings, and understanding this 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.

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