tiprankstipranks
Company Announcements

E&P Global Faces Major Loss in Interim Results

E&P Global Faces Major Loss in Interim Results

E&P Global Holdings Limited (HK:1142) has released an update.

E&P Global Holdings Limited reported a significant loss of HK$91.5 million for the six months ending September 2024, a stark contrast to a profit of HK$40.1 million the previous year. The company’s revenue also dropped to HK$240.8 million from HK$353.7 million, impacted by other gains and losses. Shareholders faced a basic and diluted loss per share of HK$0.65, highlighting challenges in the financial period.

For further insights into HK:1142 stock, check out TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App