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Chu Kong Petroleum & Natural Gas Steel Pipe Holdings Ltd. ( (HK:1938) ) has issued an announcement.
Chu Kong Petroleum & Natural Gas Steel Pipe Holdings Ltd. reported its annual financial results for the year ended December 31, 2024, showing a revenue increase to RMB 2,939,876,000 from RMB 2,650,852,000 in 2023. Despite a decrease in gross profit and increased finance costs, the company achieved a profit before tax of RMB 166,509,000, significantly higher than the previous year’s RMB 39,079,000, attributed to other income gains and an income tax credit.
More about Chu Kong Petroleum & Natural Gas Steel Pipe Holdings Ltd.
Chu Kong Petroleum & Natural Gas Steel Pipe Holdings Ltd. operates in the petroleum and natural gas industry, focusing on the production and distribution of steel pipes. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange.
YTD Price Performance: 11.18%
Average Trading Volume: 154,340
Technical Sentiment Signal: Buy
Current Market Cap: HK$191.1M
For detailed information about 1938 stock, go to TipRanks’ Stock Analysis page.