Peking University Resources Holdings Co. Ltd. (HK:0618) has released an update.
Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Peking University Resources Holdings Co. Ltd. reported a significant net loss of RMB 1.35 billion for the first half of 2024, as compared to a profit of RMB 166 million in the same period last year. The company’s revenue experienced a slight decline, while gross profit dropped sharply, highlighting challenges in managing costs and impairments. This financial downturn has impacted earnings per share, which fell to a loss of RMB 46.80 cents.
For further insights into HK:0618 stock, check out TipRanks’ Stock Analysis page.