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Datang Environment Industry Group Reports 2024 Financial Results with Stable Growth

Story Highlights
  • Datang Environment specializes in desulfurization and denitrification services in China.
  • The company reported a 0.9% revenue increase and a 7.4% gross profit rise for 2024.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Datang Environment Industry Group Reports 2024 Financial Results with Stable Growth

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Datang Environment Industry Group Co., Ltd. Class H ( (HK:1272) ) has shared an announcement.

Datang Environment Industry Group Co., Ltd. reported its annual financial results for 2024, showing a slight revenue increase of 0.9% to RMB5,770.9 million and a gross profit rise of 7.4% to RMB1,229.4 million. The company maintained its position as the largest desulfurization and denitrification concession operator in China, with a proposed final dividend of RMB0.051 per share, reflecting stable growth and a strong market position.

More about Datang Environment Industry Group Co., Ltd. Class H

Datang Environment Industry Group Co., Ltd. is a leading company in the environmental protection industry in China, specializing in desulfurization and denitrification services and products. It is recognized as the largest concession operator and manufacturer of denitrification catalysts in the country.

YTD Price Performance: 41.30%

Average Trading Volume: 298,890

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$3.86B

For a thorough assessment of 1272 stock, go to TipRanks’ Stock Analysis page.

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