CIMC Safeway Reports Significant Financial Decline for 2024

An update from CIMC Enric Holdings ( (HK:3899) ) is now available.

CIMC Safeway Technologies Co., Ltd., a subsidiary of CIMC Enric Holdings Limited, reported a significant decline in its financial performance for the year ended 31 December 2024. The company’s revenue decreased by 28.18% compared to the previous year, and net profit attributable to shareholders fell by 49.01%. These results indicate a challenging year for the company, impacting its operations and potentially affecting its market positioning and stakeholder confidence.

More about CIMC Enric Holdings

CIMC Enric Holdings Limited is a company incorporated in the Cayman Islands, primarily involved in the manufacturing and distribution of energy, chemical, and liquid food equipment. Its subsidiary, CIMC Safeway Technologies Co., Ltd., is listed on the ChiNext Market of the Shenzhen Stock Exchange.

YTD Price Performance: 2.33%

Average Trading Volume: 100

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $1.85B

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