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SIIC Environment Holdings Reports Modest Growth and Strategic Expansion in FY2024

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SIIC Environment Holdings Reports Modest Growth and Strategic Expansion in FY2024

The latest update is out from SIIC Environment Holdings ( (SG:BHK) ).

SIIC Environment Holdings Ltd. reported a slight increase in revenue and net profit for FY2024, with revenue rising by 0.3% to RMB7.596 billion and net profit attributable to shareholders increasing by 0.2% to RMB605 million. The company successfully reduced its financial expenses by 6.6% and added four new projects in China, boosting its operational capacity. These developments indicate a strategic expansion and optimization of financial operations, potentially strengthening the company’s market position and operational efficiency.

More about SIIC Environment Holdings

SIIC Environment Holdings Ltd. is a leading water treatment and environmental protection company based in China. It focuses on providing water treatment solutions and environmental services, with a significant presence in the Chinese market.

YTD Price Performance: -27.00%

Average Trading Volume: 2,000

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $293M

Learn more about BHK stock on TipRanks’ Stock Analysis page.

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