Mobi Development Co., Ltd. (HK:0947) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Mobi Development Co., Ltd. reported a significant downturn in their interim financial results for the first half of 2024, with revenue dropping by 27.7% to RMB 249.8 million and an overall loss of RMB 31.58 million. The company’s gross profit margin also saw a decrease to 18.6% compared to the previous year. This performance marks a notable decline from the same period in 2023, underscoring challenges faced by the company.
For further insights into HK:0947 stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue