China Titans Energy Technology Group Co., Ltd. (HK:2188) has released an update.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
China Titans Energy Technology Group Co., Ltd. reports a challenging interim financial period ending June 30, 2024, with a significant swing from a profit of RMB 5,250,000 last year to a loss of RMB 29,564,000. This downturn is attributed to increased costs of revenue, higher selling and distribution expenses, and substantial administrative costs. Despite revenue growth, the combination of these factors led to a comprehensive loss for the period.
For further insights into HK:2188 stock, check out TipRanks’ Stock Analysis page.