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China Nuclear’s Profits Surge Amidst Green Shift

China Nuclear’s Profits Surge Amidst Green Shift

China Nuclear Energy Technology Corporation Limited (HK:0611) has released an update.

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China Nuclear Energy Technology Corporation Limited reports a 40% increase in profit for the period and a 16.7% rise in earnings per share in the first half of 2024, despite a slight revenue drop. The company is actively engaging in energy security and green transformation initiatives, aligning with China’s energy industry policies and long-term development goals. This strategic focus aims to strengthen the company’s position in the energy sector, particularly in solar photovoltaic and new energy vehicles.

For further insights into HK:0611 stock, check out TipRanks’ Stock Analysis page.

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