China Environmental Technology and Bioenergy Holdings Limited (HK:1237) has released an update.
China Environmental Technology and Bioenergy Holdings Limited has issued a profit warning, indicating an expected net loss of approximately RMB2.0 million for the six months ending 30 June 2024, a downturn from the net profit of RMB2.7 million in the previous year. The Board attributes this anticipated loss primarily to a decrease in sales gross margin. Shareholders and potential investors are advised to exercise caution when dealing in the company’s shares.
For further insights into HK:1237 stock, check out TipRanks’ Stock Analysis page.
