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China Ruifeng Renewable Energy Reports Increased Losses for 2024

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China Ruifeng Renewable Energy Reports Increased Losses for 2024

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An update from China Ruifeng Renewable Energy Holdings Ltd. ( (HK:0527) ) is now available.

China Ruifeng Renewable Energy Holdings Ltd. reported its annual financial results for the year ending December 31, 2024, showing a decline in revenue and an increased loss compared to the previous year. The company experienced a decrease in gross profit and operating profit, alongside higher administrative expenses and finance costs, resulting in a significant loss attributable to the owners of the company, impacting its financial stability and stakeholder interests.

More about China Ruifeng Renewable Energy Holdings Ltd.

China Ruifeng Renewable Energy Holdings Ltd. is a company incorporated in the Cayman Islands with limited liability, operating in the renewable energy sector. The company focuses on generating and providing renewable energy solutions, contributing to sustainable energy development.

YTD Price Performance: -20.0%

Average Trading Volume: 1,340,122

Technical Sentiment Signal: Buy

Current Market Cap: HK$891.7M

Find detailed analytics on 0527 stock on TipRanks’ Stock Analysis page.

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