trending Market Intelligence /marketintelligence/en/news-insights/trending/INVXcJHnEPN1tzcZb5j2kw2 content esgSubNav
In This List

China Jishan Holdings swings to loss in Q2

Blog

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

Podcast

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

Blog

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


China Jishan Holdings swings to loss in Q2

China Jishan Holdings Ltd said its second-quarter normalized net income was a loss of 2.4 million yuan, compared with income of 345,630 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 dropped to negative 10.5% from 1.3% in the year-earlier period.

Total revenue decreased 11.3% on an annual basis to 22.7 million yuan from 25.6 million yuan, and total operating expenses rose 9.9% year over year to 21.6 million yuan from 19.6 million yuan.

Reported net income came to a loss of 3.0 million yuan, or a loss of 1 fen per share, compared to income of 4.5 million yuan, or 1 fen per share, in the prior-year period.

As of Aug. 11, US$1 was equivalent to 6.64 yuan.