ENN Energy Balances Challenges with Growth

ENN Energy Holdings (HK:2688) has released an update.

ENN Energy Holdings Limited reports a slight revenue increase of 0.9% in the first half of 2024 compared to the same period in 2023, despite a 22.8% drop in profit attributable to owners. The company saw a significant 26.0% rise in sales volume of integrated energy and a 9.5% increase in core profit from domestic businesses. These results demonstrate the company’s agility in responding to new market demands and optimizing its earnings structure amid China’s economic transformation and high-quality development initiatives.

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