Rongxin Education and Culture Industry Development Second Quarter 2024 Earnings: CN¥0.08 loss per share (vs CN¥0.04 profit in 2Q 2023)

Simply Wall St · 08/30 23:28

Rongxin Education and Culture Industry Development (SZSE:301231) Second Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥81.5m (down 1.8% from 2Q 2023).
  • Net loss: CN¥6.67m (down by 327% from CN¥2.94m profit in 2Q 2023).
  • CN¥0.08 loss per share (down from CN¥0.04 profit in 2Q 2023).
earnings-and-revenue-history
SZSE:301231 Earnings and Revenue History August 30th 2024

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

Rongxin Education and Culture Industry Development shares are up 4.7% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Rongxin Education and Culture Industry Development, and understanding them should be part of your investment process.