Risun Group H1 revenue jumps, net loss narrows
Risun Group H1 revenue jumps, net loss narrows
Overview
China energy chemical firm's Binhai Energy H1 revenue rose 78.5% yr/yr
Net loss attributable to shareholders narrowed compared to last year
Basic EPS improved yr/yr for the reporting period
Outlook
Company did not provide specific guidance or outlook for future periods in the press release
Result Drivers
REVENUE GROWTH - Binhai Energy H1 revenue rose 78.5% yr/yr, but company did not specify drivers for the increase
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
H1 Operating Revenue |
| RMB 419.30 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the commodity chemicals peer group is "buy."
Wall Street's median 12-month price target for China Risun Group Ltd is HK$3.13, about 57.7% above its August 7 closing price of HK$1.99
The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 100 three months ago
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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Risun Group H1 revenue jumps, net loss narrows