China Shuifa Singyes Energy Reports 2024 Financial Results

China Singyes Solar Technologies Holdings ( (HK:0750) ) just unveiled an update.

China Shuifa Singyes Energy Holdings Limited announced its audited consolidated results for the year ended December 31, 2024. The company reported a revenue increase to RMB 4,484,454,000 from RMB 4,360,280,000 in 2023, and a profit before income tax of RMB 34,328,000, up from RMB 28,379,000. Despite these gains, the company faced a loss attributable to owners of RMB 55,137,000, compared to a loss of RMB 22,743,000 in the previous year. The financial results highlight challenges in managing costs and achieving profitability, which may impact stakeholder confidence and market positioning.

More about China Singyes Solar Technologies Holdings

China Shuifa Singyes Energy Holdings Limited operates in the renewable energy industry, focusing on solar energy solutions. The company provides a range of services and products related to solar power, aiming to enhance sustainable energy use.

YTD Price Performance: 103.33%

Average Trading Volume: 1,740

Technical Sentiment Signal: Hold

Current Market Cap: $90.77M

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