Stock Analysis

IBO Technology First Half 2024 Earnings: CN¥0.20 loss per share (vs CN¥0.012 profit in 1H 2023)

SEHK:2708
Source: Shutterstock

IBO Technology (HKG:2708) First Half 2024 Results

Key Financial Results

  • Revenue: CN¥199.0m (down 46% from 1H 2023).
  • Net loss: CN¥135.4m (down from CN¥7.39m profit in 1H 2023).
  • CN¥0.20 loss per share (down from CN¥0.012 profit in 1H 2023).
earnings-and-revenue-history
SEHK:2708 Earnings and Revenue History December 3rd 2023

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

IBO Technology shares are down 9.4% from a week ago.

Risk Analysis

Before you take the next step you should know about the 4 warning signs for IBO Technology (1 makes us a bit uncomfortable!) that we have uncovered.

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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.