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Add New Energy Investment Holdings Group Ltd. ( (HK:2623) ) has issued an update.
Add New Energy Investment Holdings Group Ltd. reported a significant decrease in revenue for the first half of 2025, with a 91.8% drop compared to the same period in 2024. Despite the sharp decline in revenue, the company’s total comprehensive loss decreased by 85.9%, indicating improved cost management or other financial adjustments. These results reflect challenges in the company’s operational environment, potentially impacting its market positioning and stakeholder confidence.
The most recent analyst rating on (HK:2623) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Add New Energy Investment Holdings Group Ltd. stock, see the HK:2623 Stock Forecast page.
More about Add New Energy Investment Holdings Group Ltd.
Add New Energy Investment Holdings Group Ltd. is a company incorporated in the Cayman Islands, focusing on the energy sector. The company is listed on the Hong Kong Stock Exchange and engages in investment holdings related to energy projects.
Average Trading Volume: 38,042
Technical Sentiment Signal: Sell
Current Market Cap: HK$175.1M
For a thorough assessment of 2623 stock, go to TipRanks’ Stock Analysis page.