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SinoCloud Group Second Quarter 2024 Earnings: HK$0.017 loss per share (vs HK$0.022 loss in 2Q 2023)

editorial-team@simplywallst.com (Simply Wall St)
·1-min read

SinoCloud Group (Catalist:LYY) Second Quarter 2024 Results

Key Financial Results

  • Revenue: HK$1.58m (down 41% from 2Q 2023).

  • Net loss: HK$3.61m (loss widened by 3.3% from 2Q 2023).

  • HK$0.017 loss per share.

earnings-and-revenue-history
earnings-and-revenue-history

All figures shown in the chart above are for the trailing 12 month (TTM) period

SinoCloud Group shares are down 25% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 7 warning signs for SinoCloud Group you should be aware of, and 5 of them can't be ignored.

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.