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Enviro Energy Reports Significant Losses in 2024 Annual Results

Story Highlights
  • Enviro Energy reported a decrease in revenue and a significant loss before tax for 2024.
  • Despite profit from discontinued operations, the company faced substantial overall losses impacting stakeholders.
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Enviro Energy Reports Significant Losses in 2024 Annual Results

Enviro Energy International Holdings Limited ( (HK:1102) ) just unveiled an update.

Enviro Energy International Holdings Limited announced its annual results for the year ended December 31, 2024. The company reported a decrease in revenue from continuing operations, with a significant loss before income tax compared to the previous year. Despite a profit from discontinued operations, the overall loss for the year was substantial, impacting both owners and non-controlling interests. The results highlight challenges in the company’s operational performance and financial health, which may affect its market positioning and stakeholder confidence.

More about Enviro Energy International Holdings Limited

Enviro Energy International Holdings Limited, incorporated in the Cayman Islands, operates in the energy sector. The company focuses on providing energy solutions and services, with a market presence indicated by its listing on the Hong Kong Stock Exchange under the stock code 1102.

YTD Price Performance: 10.0%

Average Trading Volume: 17,858,448

Technical Sentiment Signal: Buy

Current Market Cap: HK$95M

For detailed information about 1102 stock, go to TipRanks’ Stock Analysis page.

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