tiprankstipranks
CM Energy Tech Reports Mixed Mid-Year Results
Company Announcements

CM Energy Tech Reports Mixed Mid-Year Results

CMIC Ocean En-Tech Holding Co (HK:0206) has released an update.

Don't Miss our Black Friday Offers:

CM Energy Tech Co., Ltd. reported a decrease in revenue by 16.5% to US$77.6 million in the first half of 2024 compared to the same period in 2023, while gross profit saw a slight increase of 3.3%. Net profit remained stable at approximately US$4.8 million, mirroring the earnings from the previous year, with the company deciding against an interim dividend for the period.

For further insights into HK:0206 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App