China Conch Venture Holdings (HKG:0586) reported a profit attributable to equity holders of 1.18 billion yuan in the first half ended June 30, down from 1.82 billion yuan in the prior-year period, according to a Tuesday filing with the Hong Kong Stock Exchange.
Earnings per share for the company was 0.67 yuan, compared with 1.00 yuan in the year-ago half.
The company's revenue was 3.13 billion yuan compared with 4.44 billion yuan in the previous year's period.
The company's stocks were down by over 5% in recent trading.
Price (HKD): $5.91, Change: $-0.32, Percent Change: -5.14%
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments