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CIMC Enric Reports Mixed Financial Results for CLPT in 2024

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CIMC Enric Reports Mixed Financial Results for CLPT in 2024

The latest announcement is out from CIMC Enric Holdings ( (HK:3899) ).

CIMC Enric Holdings Limited announced the principal audited financial data of its subsidiary, CIMC Liquid Process Technologies Co., Ltd. (CLPT), for the year ended December 31, 2024. The report highlighted a revenue increase of 3.91% to approximately RMB 4.47 billion, with a slight improvement in gross profit margin to 22.82%. However, the net profit attributable to shareholders saw a decline of 5.71%. Despite this, the net equity attributable to shareholders increased by 11.01%, indicating a stronger financial position. The announcement provides insights into the company’s operational performance and financial health, reflecting a mixed impact on its market positioning.

More about CIMC Enric Holdings

CIMC Enric Holdings Limited is a company incorporated in the Cayman Islands, primarily engaged in the industry of liquid process technologies through its subsidiary, CIMC Liquid Process Technologies Co., Ltd. (CLPT). CLPT’s shares are quoted on the National Equities Exchange and Quotations System (NEEQ), focusing on providing liquid process solutions.

YTD Price Performance: 1.66%

Average Trading Volume: 100

Technical Sentiment Signal: Strong Sell

Current Market Cap: $1.86B

Find detailed analytics on 3899 stock on TipRanks’ Stock Analysis page.

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