Wanda Film Holding Second Quarter 2024 Earnings: CN¥0.097 loss per share (vs CN¥0.049 profit in 2Q 2023)

Simply Wall St · 09/01 00:37

Wanda Film Holding (SZSE:002739) Second Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥2.40b (down 23% from 2Q 2023).
  • Net loss: CN¥212.5m (down by 298% from CN¥107.1m profit in 2Q 2023).
  • CN¥0.097 loss per share (down from CN¥0.049 profit in 2Q 2023).
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SZSE:002739 Earnings and Revenue Growth September 1st 2024

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

Wanda Film Holding Earnings Insights

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Entertainment industry in China.

Performance of the Chinese Entertainment industry.

The company's shares are up 1.1% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. See our latest analysis on Wanda Film Holding's balance sheet health.