Tiande Chemical Holdings (HKG:609) First Half 2024 Results
Key Financial Results
- Revenue: CN¥987.8m (down 14% from 1H 2023).
- Net income: CN¥42.4m (down 75% from 1H 2023).
- Profit margin: 4.3% (down from 14% in 1H 2023). The decrease in margin was driven by lower revenue.
- EPS: CN¥0.049 (down from CN¥0.19 in 1H 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Tiande Chemical Holdings shares are down 2.6% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 2 warning signs for Tiande Chemical Holdings that you should be aware of.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.