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Add New Energy Posts H1 2024 Net Loss

Add New Energy Posts H1 2024 Net Loss

Add New Energy Investment Holdings Group Ltd. (HK:2623) has released an update.

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Add New Energy Investment Holdings Group Ltd. reported a net loss of RMB 16,353 thousand for the first half of 2024, a significant decline compared to the net profit of RMB 33,138 thousand in the same period last year. The results, which are unaudited and reviewed by the company’s audit committee, show a stark decrease in revenue from RMB 947,996 thousand to RMB 157,288 thousand. This financial downturn reflects challenges faced by the company in the first half of the year.

For further insights into HK:2623 stock, check out TipRanks’ Stock Analysis page.

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