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China Carbon Neutral Development Group Reports Interim Financial Results

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China Carbon Neutral Development Group Reports Interim Financial Results

The latest update is out from China Carbon Neutral Development Group Limited ( (HK:1372) ).

China Carbon Neutral Development Group Limited reported its interim financial results for the six months ending December 31, 2024, revealing a revenue increase to HK$307,757,000 from HK$197,513,000 in the previous period. Despite the revenue growth, the company faced a loss of HK$27,268,000, attributed to increased research and development costs and administrative expenses, impacting its financial performance and highlighting challenges in achieving profitability.

More about China Carbon Neutral Development Group Limited

China Carbon Neutral Development Group Limited operates in the environmental sector, focusing on carbon neutrality initiatives. The company is involved in the development and management of carbon-credit assets and related services, aiming to support sustainable practices and reduce carbon emissions.

YTD Price Performance: -6.67%

Average Trading Volume: 5,114,050

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: HK$150M

For a thorough assessment of 1372 stock, go to TipRanks’ Stock Analysis page.

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