China Nature Energy Technology Holdings Limited (HK:1597) has released an update.
Don’t Miss TipRanks’ Half Year Sale
- Take advantage of TipRanks Premium for 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.
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.
For further insights into HK:1597 stock, check out TipRanks’ Stock Analysis page.