By Ronnie Harui Xinyi Solar Holdings shares slid early Tuesday after the company said its first-half net profit fell 27%. Shares were recently 9.5% lower at 7.61 Hong Kong dollars after.
Is There More To The Story Than Xinyi Solar Holdings s (HKG:968) Earnings Growth?
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January 20, 2021 As a general rule, we think profitable companies are less risky than companies that lose money. Having said that, sometimes statutory profit levels are not a good guide to ongoing profitability, because some short term one-off factor has impacted profit levels. In this article, we ll look at how useful this year s statutory profit is, when analysing
Xinyi Solar Holdings (HKG:968). We like the fact that Xinyi Solar Holdings made a profit of HK$2.87b on its revenue of HK$9.72b, in the last year. In the chart below, you can see that its profit and revenue have both grown over the last three years.