trending Market Intelligence /marketintelligence/en/news-insights/trending/4Uw8c5EFPW_OYCf1fU-cUg2 content esgSubNav
In This List

Shenzhen Shenbao Industrial Q1 loss narrows YOY


HDFC Securities Investment Research Now Available through S&P Capital IQ Pro


MediaTalk | Season 2
Ep.2 Back to the Box Office


The Marriage of Two Best-in-Class Solutions Delivers a Significant Advancement in Data Visualization and Technical Analysis

Case Study

A Green Lender Adopts a Robust Approach for Assessing Project Finance Credit Risks

Shenzhen Shenbao Industrial Q1 loss narrows YOY

Shenzhen Shenbao Industrial Co. Ltd. said its normalized net income for the first quarter amounted to a loss of 2.5 million yuan, compared with a loss of 6.2 million yuan in the year-earlier period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin increased to negative 3.4% from negative 10.4% in the year-earlier period.

Total revenue climbed 21.7% year over year to 72.6 million yuan from 59.6 million yuan, and total operating expenses climbed 14.3% year over year to 83.8 million yuan from 73.3 million yuan.

Reported net income came to a loss of 6.2 million yuan, or a loss of 1 fen per share, compared to a loss of 9.5 million yuan, or a loss of 2 fen per share, in the prior-year period.

As of April 25, US$1 was equivalent to 6.49 yuan.