New Times Energy Corporation Limited (HK:0166) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
New Times Corporation Limited reported a significant decrease in revenue and a shift to losses for the first half of 2024, compared to profits in the same period the previous year. The company saw a decline in earnings per share from a 0.66 HK cent profit to a 0.28 HK cent loss and has decided not to issue an interim dividend. These interim results reflect challenges faced by the company amid changing market conditions.
For further insights into HK:0166 stock, check out TipRanks’ Stock Analysis page.