CF Energy (TSE:CFY) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
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.