CIMC Enric Holdings ( (HK:3899) ) has issued an update.
CIMC Enric Holdings Limited reported a 24.4% increase in revenue for the first quarter of 2025 compared to the same period in 2024, driven by strong performance in its clean energy segment. However, the company experienced a decline in newly signed orders, particularly in the clean energy segment, due to delays in the tendering process caused by the Chinese New Year holiday. Despite this, the chemical and environmental segment saw a 17.3% increase in newly signed orders, and the company is actively pursuing large-scale brewery projects in North America and the Middle East.
More about CIMC Enric Holdings
CIMC Enric Holdings Limited is a company incorporated in the Cayman Islands, focusing on industries such as clean energy, chemical and environmental solutions, and liquid food. The company is known for its diversified operations across these sectors, with a significant emphasis on clean energy and hydrogen businesses.
YTD Price Performance: -13.75%
Average Trading Volume: 1,279
Technical Sentiment Signal: Buy
Current Market Cap: $1.58B
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