China Energy Development Holdings Reports Decline in 2024 Financial Results

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China Energy Development Holdings Reports Decline in 2024 Financial Results

China Energy Development Holdings Limited ( (HK:0228) ) has shared an update.

China Energy Development Holdings Limited reported a decrease in its financial performance for the year ended December 31, 2024, with revenue dropping by 9.6% and profit attributable to owners falling by 60.7% compared to the previous year. The decline in earnings per share and EBITDA indicates challenges in maintaining profitability, which may impact the company’s operations and market positioning.

More about China Energy Development Holdings Limited

China Energy Development Holdings Limited operates in the energy sector, focusing on the development and distribution of energy resources. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange.

YTD Price Performance: -16.67%

Average Trading Volume: 5,536,700

Technical Sentiment Signal: Buy

Current Market Cap: HK$608.3M

See more data about 0228 stock on TipRanks’ Stock Analysis page.

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