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An announcement from China Nature Energy Technology Holdings Limited ( (HK:1597) ) is now available.
China Nature Energy Technology Holdings Limited reported its annual financial results for the year ended December 31, 2024, showing a significant decline in revenue and profitability. The company experienced a gross loss of RMB 8,968,000 compared to a profit in the previous year, with a total loss attributable to equity shareholders amounting to RMB 34,733,000. The results indicate challenges in the company’s operations, which may impact its market positioning and stakeholder confidence.
More about China Nature Energy Technology Holdings Limited
China Nature Energy Technology Holdings Limited operates in the renewable energy sector, focusing on providing sustainable energy solutions. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange under the stock code 1597.
YTD Price Performance: -32.16%
Average Trading Volume: 26,421
Technical Sentiment Signal: Buy
Current Market Cap: HK$865M
For a thorough assessment of 1597 stock, go to TipRanks’ Stock Analysis page.