Concord New Energy Reports 2024 Annual Results with Stable Performance

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Concord New Energy Reports 2024 Annual Results with Stable Performance

Concord New Energy Group ( (HK:0182) ) has issued an announcement.

Concord New Energy Group Limited reported its annual results for the year ending December 31, 2024, showing a slight decrease in overall profit compared to the previous year. The company achieved a revenue of RMB 2,752,054,000, with a gross profit increase to RMB 1,515,848,000. Despite a reduction in profit from discontinued operations, the company maintained a strong performance in its continuing operations, reflecting its stable position in the renewable energy industry.

More about Concord New Energy Group

Concord New Energy Group Limited is a company incorporated in Bermuda, focusing on the renewable energy sector. It primarily engages in the development, operation, and management of wind and solar power plants, contributing to the sustainable energy market.

YTD Price Performance: 18.75%

Average Trading Volume: 9,066

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $480.2M

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