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Capital Environment Holdings Limited Reports 2024 Financial Results

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Capital Environment Holdings Limited Reports 2024 Financial Results

Capital Environment Holdings Limited ( (HK:3989) ) just unveiled an update.

Capital Environment Holdings Limited announced its audited consolidated results for the year ending December 31, 2024. The company reported a decrease in revenue from RMB 4,076,596,000 in 2023 to RMB 3,666,591,000 in 2024, with a corresponding drop in gross profit. Despite the decline in revenue, the company achieved a profit before tax of RMB 338,785,000, an increase from the previous year. The profit for the year attributable to owners of the parent was RMB 234,123,000, reflecting a decrease in earnings per share. The results indicate a challenging year with reduced revenues but maintained profitability, impacting stakeholders’ expectations and the company’s market positioning.

More about Capital Environment Holdings Limited

Capital Environment Holdings Limited is a company incorporated in the Cayman Islands, primarily engaged in environmental services. The company focuses on waste management and environmental protection services, operating primarily in Hong Kong and mainland China.

YTD Price Performance: -10.0%

Average Trading Volume: 8,248,958

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: HK$1.16B

For detailed information about 3989 stock, go to TipRanks’ Stock Analysis page.

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