CF Energy Reports Downturn in Q2 2024 Financials
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CF Energy Reports Downturn in Q2 2024 Financials

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CF Energy (TSE:CFY) has released an update.

CF Energy, an energy provider in China, reported a decline in its financial performance for Q2 2024, with revenue and gross profit decreasing by 7% and 53% respectively, compared to Q2 2023. The company experienced a significant shift from a net profit to a net loss over the same period, highlighting a challenging quarter without the impact of non-recurring items.

For further insights into TSE:CFY stock, check out TipRanks’ Stock Analysis page.

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