Stock Analysis

Sinohope Technology Holdings First Half 2024 Earnings: EPS: HK$0.21 (vs HK$0.78 loss in 1H 2023)

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Sinohope Technology Holdings (HKG:1611) First Half 2024 Results

Key Financial Results

  • Revenue: HK$655.6m (down 74% from 1H 2023).
  • Net income: HK$99.8m (up from HK$241.5m loss in 1H 2023).
  • Profit margin: 15% (up from net loss in 1H 2023).
  • EPS: HK$0.21 (up from HK$0.78 loss in 1H 2023).
earnings-and-revenue-history
SEHK:1611 Earnings and Revenue History May 28th 2024

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

Sinohope Technology Holdings shares are down 5.5% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 3 warning signs for Sinohope Technology Holdings (1 is concerning) you should be aware of.

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Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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:1611

Sinohope Technology Holdings

An investment holding company, provides cryptocurrency trading and technology solution services in the People’s Republic of China.

Flawless balance sheet with slight risk.

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