Digital China Information Service Group Second Quarter 2024 Earnings: CN¥0.021 loss per share (vs CN¥0.072 profit in 2Q 2023)

Simply Wall St · 09/01 00:38

Digital China Information Service Group (SZSE:000555) Second Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥2.33b (up 1.9% from 2Q 2023).
  • Net loss: CN¥20.1m (down by 129% from CN¥69.4m profit in 2Q 2023).
  • CN¥0.021 loss per share (down from CN¥0.072 profit in 2Q 2023).
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SZSE:000555 Earnings and Revenue Growth September 1st 2024

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

Digital China Information Service Group Earnings Insights

Looking ahead, revenue is forecast to grow 6.5% p.a. on average during the next 2 years, compared to a 16% growth forecast for the IT industry in China.

Performance of the Chinese IT industry.

The company's shares are up 2.5% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 2 warning signs for Digital China Information Service Group you should know about.