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ESGL Holdings Releases Mid-Year Financials Amid Market Challenges

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ESGL Holdings Releases Mid-Year Financials Amid Market Challenges

The latest update is out from ESGL Holdings ( (ESGL) ).

ESGL Holdings Limited has filed its unaudited consolidated financial statements for the six-month period ending June 30, 2024. The company highlights significant factors affecting its performance, including customer engagement, manufacturing activities, commodity prices, inflation, and government regulations in Singapore. The registration for resale of a large percentage of its Ordinary Shares could impact its market price due to liquidity challenges. The company also addresses potential risks involving inflation and regulatory changes that could affect its financial condition and operations.

More about ESGL Holdings

ESGL Holdings Limited operates in the waste management, treatment, and recycling industry. It provides services related to the collection and recycling of both hazardous and non-hazardous industrial waste, serving sectors such as pharmaceuticals, semiconductors, petrochemicals, and electroplating industries. The company generates revenue through service fees for waste collection and disposal, as well as from the sale of recycled circular products, positioning itself as an environmentally-friendly option in the market.

YTD Price Performance: -16.67%

Average Trading Volume: 11,761

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $44.68M

For a thorough assessment of ESGL stock, go to TipRanks’ Stock Analysis page.

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