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The latest update is out from China Energy Engineering Corp. Ltd. Class H ( (HK:3996) ).
China Energy Engineering Corporation Limited reported its major operating information for the year 2024, highlighting a total value of newly-signed contracts at 1,408.876 billion RMB, reflecting a 9.75% increase over the previous year. The company saw significant growth in industrial manufacturing, which increased by 134.45%, and new energy projects, which rose by 4.95%, while traditional energy projects experienced a notable 57.62% increase. However, urban construction and comprehensive transportation sectors faced declines of 19.17% and 40.58% respectively. This announcement underscores the company’s strategic focus on expanding its presence in the renewable energy sector while managing challenges in urban and transportation projects.
More about China Energy Engineering Corp. Ltd. Class H
China Energy Engineering Corporation Limited is a prominent player in the energy sector, focusing on traditional and new energy solutions. Its operations span construction and contracting, urban construction, comprehensive transportation, survey, design, consulting, and industrial manufacturing, with a strong emphasis on both traditional and renewable energy sources.
YTD Price Performance: -6.67%
Average Trading Volume: 1,309
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: €7.43B
Learn more about 3996 stock on TipRanks’ Stock Analysis page.
