Hongcheng Environmental Technology Co., Ltd. ( (HK:2265) ) has shared an update.
Hongcheng Environmental Technology Co., Ltd. reported a significant financial performance for the year ended December 31, 2024, with a total revenue increase of 116.6% to approximately RMB233.9 million. The company’s gross profit also rose by 121.1%, reaching approximately RMB131.8 million, and the profit attributable to owners surged by 242.9% to approximately RMB60.0 million. Despite the impressive growth, no final dividend was recommended for the year. This substantial financial growth indicates a strong market position and potential for future expansion, reflecting positively on the company’s operational strategies and stakeholder value.
More about Hongcheng Environmental Technology Co., Ltd.
Hongcheng Environmental Technology Co., Ltd. operates in the environmental technology industry, focusing on providing innovative solutions and services to enhance environmental sustainability.
YTD Price Performance: 2.47%
Average Trading Volume: 142,000
Technical Sentiment Signal: Sell
Current Market Cap: HK$830M
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