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China LNG Group ( (HK:0931) ) just unveiled an update.
China HK Power Smart Energy Group Limited has announced a reduction in its financial losses for the fiscal year ending March 31, 2025. The company expects a loss between HK$100 million and HK$120 million, an improvement from the HK$139 million loss in the previous year. This anticipated improvement is attributed to increased revenue and gross profit from its new energy business and a reduction in gross loss from its natural gas operations. The final results are yet to be audited and will be released by the end of June 2025.
More about China LNG Group
China HK Power Smart Energy Group Limited operates in the energy sector, focusing on new energy and natural gas businesses. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange.
Average Trading Volume: 2,555,377
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.7B
Find detailed analytics on 0931 stock on TipRanks’ Stock Analysis page.
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