Hongli Group First Half 2024 Earnings: US$0.15 loss per share (vs US$0.071 profit in 1H 2023)

Hongli Group (NASDAQ:HLP) First Half 2024 Results

Key Financial Results

• Revenue: US$6.96m (down 22% from 1H 2023).
• Net loss: US$1.90m (down by 339% from US$796.4k profit in 1H 2023).
• US$0.15 loss per share (down from US$0.071 profit in 1H 2023).

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

Hongli Group shares are down 2.7% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 4 warning signs for Hongli Group (2 make us uncomfortable!) that you should be aware of.

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