tiprankstipranks
Trending News
More News >

China Nuclear Energy Technology Reports Increased Profit Despite Revenue Decline in 2024

Story Highlights
China Nuclear Energy Technology Reports Increased Profit Despite Revenue Decline in 2024

Confident Investing Starts Here:

An announcement from China Nuclear Energy Technology Corporation Limited ( (HK:0611) ) is now available.

China Nuclear Energy Technology Corporation Limited reported its financial results for the year ended December 31, 2024, showing a 16.9% decline in revenue to RMB 1,295,563,000, but a 12.9% increase in profit to RMB 119,901,000. Despite the revenue drop, the company improved its profitability, which could positively impact its market positioning and stakeholder confidence.

More about China Nuclear Energy Technology Corporation Limited

China Nuclear Energy Technology Corporation Limited operates in the energy sector, focusing on nuclear energy technologies. The company is involved in the development and management of nuclear energy projects, providing services and solutions in this specialized industry.

YTD Price Performance: -1.43%

Average Trading Volume: 780,706

Technical Sentiment Signal: Buy

Current Market Cap: HK$620.4M

Learn more about 0611 stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App