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LH Group Reports Revenue Drop and Losses in H1 2024
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LH Group Reports Revenue Drop and Losses in H1 2024

LH Group Limited (HK:1978) has released an update.

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LH Group Limited, a Cayman Islands-based company listed under stock code 1978, has reported a significant downturn in its financial performance for the first half of 2024, with revenue dropping to HK$522.6 million from HK$660.5 million the previous year, and a swing to a loss of HK$26.5 million compared to a profit of HK$47.6 million in 2023. The loss per share stands at HK$3.32, a stark contrast to the earnings of HK$5.94 per share in the same period last year.

For further insights into HK:1978 stock, check out TipRanks’ Stock Analysis page.

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