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China Water Industry Group Limited ( (HK:1129) ) has shared an update.
China Water Industry Group Limited reported a significant decline in its financial performance for the year ended December 31, 2024, with a 28.35% drop in revenue and a 52.27% decrease in gross profit compared to the previous year. The company also experienced a substantial increase in its net loss, which rose by 56.35% to HK$334,025,000. These results reflect challenges in the company’s operations, potentially impacting its market position and stakeholder confidence.
More about China Water Industry Group Limited
China Water Industry Group Limited operates in the water industry, focusing on water supply, sewage treatment, and related services. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange.
YTD Price Performance: -28.57%
Average Trading Volume: 266,389
Technical Sentiment Signal: Buy
Current Market Cap: HK$172.4M
For an in-depth examination of 1129 stock, go to TipRanks’ Stock Analysis page.