China Nature Energy Posts Increased Half-Year Loss

China Nature Energy Technology Holdings Limited (HK:1597) has released an update.

China Nature Energy Technology Holdings Limited reported a significant increase in loss for the period ending June 30, 2024, with a reported loss of RMB 15,070,000 compared to RMB 5,467,000 in the previous year. The company’s revenue has drastically decreased, while operational and administrative expenses have continued to rise, resulting in a loss from operations of RMB 14,988,000. The basic and diluted loss per share has also worsened, climbing from RMB 0.018 to RMB 0.053.

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