China Renewable Energy Investment (HK:0987) has released an update.
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China Renewable Energy Investment Limited reported a decrease in revenue and profit for the six-month period ended June 30, 2024, in comparison to the previous year, with net earnings per share dropping from 1.43 to 0.47 HK cents. The company experienced a significant other comprehensive loss due to currency translation differences, leading to an overall comprehensive loss for the period. This financial performance reflects the ongoing challenges in the renewable energy market.
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