Although first-half net income rose 7.3% on the year to 3.33 billion yuan , it missed forecasts by a wide margin after gas sales to power plants and property companies unexpectedly fell. ENN’s stock in Hong Kong dropped as much as 19% to its lowest since March 2020.
The cut to retail gas volumes “has taken us by surprise as there was no indication prior to the results of well-below industry performance,” Citigroup Inc. said in a note. The bank was among those that downgraded the stock, which was the worst performer on the Hang Seng Index.
Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:
Nederland Laatste Nieuws, Nederland Headlines
Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.
Analysis-Investors look to AI-darling Nvidia's earnings as US stocks rally wobblesBy Lewis Krauskopf NEW YORK (Reuters) - Bullish investors are hoping Wednesday's earnings report from chip heavyweight Nvidia can rejuvenate a U.S.
Bron: SaltWire Network - 🏆 45. / 63 Lees verder »
Analysis-Investors look to AI-darling Nvidia's earnings as US stocks rally wobblesBullish investors are hoping Wednesday's earnings report from chip heavyweight Nvidia can rejuvenate a U.S. stocks rally that has stumbled in recent weeks. Nvidia shares have tripled in 2023, underscoring how a rebound in megacap stocks and excitement over the business potential of artificial intelligence have helped propel the S&P 500 to a 14% gain this year. The chipmaker’s year-to-date increase has led gains among the so-called Magnificent Seven group of megacap stocks, which also include Apple and Microsoft.
Bron: YahooFinanceCA - 🏆 47. / 63 Lees verder »
Investors look to AI-darling Nvidia’s earnings as U.S. stocks rally wobblesThe chipmaker’s year-to-date increase has led gains among the so-called Magnificent Seven group of megacap stocks
Bron: globeandmail - 🏆 5. / 92 Lees verder »
Nvidia Earnings Are High-Stakes Event for AI-Crazed MarketsBig Tech’s earnings season is wrapping up with a bang: Nvidia Corp., at the center of the artificial intelligence frenzy, is reporting results that could set the tone for global stock markets for the rest of the year.
Bron: BNNBloomberg - 🏆 83. / 50 Lees verder »
Advance Auto Names New CEO, Starts Review as Earnings ShrinkAdvance Auto Parts Inc. named a new chief executive officer and started a strategic review of the business as it struggles to keep up with inflation.
Bron: BNNBloomberg - 🏆 83. / 50 Lees verder »