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21 — Great China Holdings Hong Kong News Story

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FinancialsHighly SpeculativeMicro CapSucker Stock

Great China Holdings' HY revenue rises, loss narrows

Great China Holdings' HY revenue rises, loss narrows


Overview

  • Hong Kong property investment firm's half-year revenue rose yr/yr

  • Company's loss for the period narrowed compared to last yr

  • Total comprehensive income improved, driven by exchange differences on translation


Outlook

  • Company did not provide specific financial guidance for the current or future periods in press release


Result Drivers

  • REVENUE GROWTH - Co reported higher half-year revenue compared to previous yr

  • EXCHANGE DIFFERENCES - Improved total comprehensive income driven by exchange differences on translation of foreign operations


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

H1 Revenue

HK$30.97 mln


Analyst Coverage

  • The stock recently traded at 1 times the next 12-month earnings vs. a P/E of 0 three months ago


Reuters Recommended Reads

  • Aug 28 - Property investor Hongkong Chinese posts HY loss on lower investment income, bigger JV loss

  • Aug 28 - Greenland HK's half-year loss widens on weak property market

  • Aug 30 - China Resources Land H1 revenue falls sharply amid weakness in development property


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(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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