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Hans Energy Reports Increased H1 Losses
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Hans Energy Reports Increased H1 Losses

Hans Energy Co. Ltd. (HK:0554) has released an update.

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Hans Energy Co. Ltd. has reported an increased net loss for the first half of 2024, with a loss of HK$20,974,000 compared to a loss of HK$3,005,000 for the same period in 2023. Their revenue has risen from HK$447,367,000 to HK$741,255,000, but this was offset by higher direct costs and operating expenses, as well as a significant decrease in other comprehensive income. The company’s basic and diluted loss per share also went up from (0.11) cent to (0.55) cent.

For further insights into HK:0554 stock, check out TipRanks’ Stock Analysis page.

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