tiprankstipranks
Trending News
More News >

Cheshi Technology Inc. Faces Sharp Profit Decline

Cheshi Technology Inc. Faces Sharp Profit Decline

Cheshi Technology Inc. (HK:1490) has released an update.

Confident Investing Starts Here:

Cheshi Technology Inc. has reported a significant downturn in its financial performance for the first half of 2024, with revenue dropping by 11.3%, gross profit by 28.8%, and profit for the period by a stark 84.6% compared to the same period in 2023. The company’s adjusted net profit also saw an 84.6% decline, despite the adjustments made for share-based compensation expenses.

For further insights into HK:1490 stock, check out TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1