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China Titans Energy Reports Revenue Growth but Increased Losses in 2024

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China Titans Energy Reports Revenue Growth but Increased Losses in 2024

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China Titans Energy Technology Group Co., Ltd. ( (HK:2188) ) has provided an update.

China Titans Energy Technology Group Co., Ltd. reported an increase in revenue to approximately RMB392,249,000 for the year ended December 31, 2024, compared to the previous year. Despite the revenue growth, the company experienced a slight increase in losses, with a loss attributable to owners amounting to approximately RMB45,383,000. The board did not recommend a final dividend for the year. The financial results indicate challenges in maintaining profitability despite revenue growth, which could impact stakeholder confidence and the company’s market positioning.

More about China Titans Energy Technology Group Co., Ltd.

China Titans Energy Technology Group Co., Ltd. operates in the energy technology sector, focusing on the development and provision of energy-related products and services. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange.

YTD Price Performance: -4.84%

Average Trading Volume: 2,139,896

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: HK$440.1M

For an in-depth examination of 2188 stock, go to TipRanks’ Stock Analysis page.

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