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China Kingstone Doubles Revenue Amid Rising Losses
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China Kingstone Doubles Revenue Amid Rising Losses

China Kingstone Mining Holdings Ltd (HK:1380) has released an update.

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China Kingstone Mining Holdings Ltd reported a substantial revenue increase of 104.6% for the first half of 2024, reaching 30,772 thousand RMB, compared to the same period in 2023. Despite the revenue growth, the company experienced a significant loss, with a basic loss per share of 8.57 RMB cents, which is a downturn from the previous year’s 6.19 RMB cents. The overall financial performance shows both growth in revenue and an increase in losses, indicating a challenging period for the company.

For further insights into HK:1380 stock, check out TipRanks’ Stock Analysis page.

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