Steppe Cement Reports First Half 2023 Earnings
Steppe Cement (LON:STCM) First Half 2023 Results
Key Financial Results
Revenue: US$36.9m (down 14% from 1H 2022).
Net income: US$52.0k (down 100% from 1H 2022).
Profit margin: 0.1% (down from 24% in 1H 2022). The decrease in margin was primarily driven by lower revenue.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Steppe Cement shares are down 9.4% from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 3 warning signs for Steppe Cement that you need to be mindful of.
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