Fullshare Holdings will return to profit in the first half of 2022 whose value is undervalued by the market
2022 Sep 08
(08 September 2022, Hong Kong) Fullshare Holdings (00607.HK) recently released its interim results for the first six months of 2022, reporting a net profit of 206 million yuan after tax on revenue of 9.98 billion yuan, up from a loss of 365 million yuan in the same period last year. From the data disclosed in the semi-annual report, the total current assets increased by 32.93% year-on-year to 31.609 billion yuan. With relatively abundant cash flow, the company’s total equity capital of 17.823 billion yuan, while the company’s market value is only 3.512 billion yuan.