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The latest announcement is out from Asia Energy Logistics Group Limited ( (HK:0351) ).
Asia Energy Logistics Group Limited announced its annual results for the year ended December 31, 2024, reporting a significant decline in revenue from continuing operations, which fell from HK$94,628,000 in 2023 to HK$48,142,000 in 2024. The company also experienced a substantial loss before tax from continuing operations, amounting to HK$52,423,000 compared to a loss of HK$13,150,000 in the previous year. Despite a profit from discontinued operations, the overall loss for the year was HK$30,713,000, reflecting challenges in the company’s operational performance and market conditions.
More about Asia Energy Logistics Group Limited
Asia Energy Logistics Group Limited is a company incorporated in Hong Kong, operating within the logistics sector. The company focuses on energy logistics, providing services related to the transportation and management of energy resources.
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: €26.28M
Learn more about 0351 stock on TipRanks’ Stock Analysis page.