An update from China Datang Corp. Renewable Power Co. Ltd. Class H ( (HK:1798) ) is now available.
China Datang Corporation Renewable Power Co., Limited announced provisions for asset impairment, which include impairments on fixed assets, receivables, and preliminary projects. These provisions are expected to decrease the company’s total profit by approximately RMB171.9399 million and net profit attributable to owners by approximately RMB157.8008 million for the year ended December 31, 2024, reflecting a significant financial impact.
More about China Datang Corp. Renewable Power Co. Ltd. Class H
China Datang Corporation Renewable Power Co., Limited is a company operating in the renewable energy sector, focusing on the development and management of wind and solar power projects.
YTD Price Performance: 4.00%
Average Trading Volume: 4,056
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: €1.9B
For an in-depth examination of 1798 stock, go to TipRanks’ Stock Analysis page.
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