Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. Class H ( (HK:2582) ) has issued an update.
Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. has issued a profit warning, expecting a significant increase in losses for the year ending December 31, 2024, compared to the previous year. The anticipated loss, ranging from RMB190 million to RMB232 million, is attributed to factors such as the early stage of commercialization in the hydrogen energy industry, increased labor costs, listing expenses, and provisions for impairment of trade receivables. These challenges reflect the evolving market dynamics and strategic expansions impacting the company’s financial performance.
More about Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. Class H
Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. operates in the hydrogen energy industry, focusing on the commercialization of hydrogen energy solutions in China. The company is involved in developing infrastructure and expanding production capacity to achieve large-scale mass production.
YTD Price Performance: 44.76%
Average Trading Volume: 91,196
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