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Denox Environmental & Technology Holdings Limited Reports Annual Financial Results for 2024

Story Highlights
  • Denox reported a revenue decrease from RMB 126,392,000 in 2023 to RMB 108,963,000 in 2024.
  • The company faced increased expenses, resulting in a loss before tax of RMB 37,327,000.
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Denox Environmental & Technology Holdings Limited Reports Annual Financial Results for 2024

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Denox Environmental & Technology Holdings Limited ( (HK:1452) ) has shared an announcement.

Denox Environmental & Technology Holdings Limited reported its audited consolidated annual results for the year ending December 31, 2024, revealing a decrease in revenue from RMB 126,392,000 in 2023 to RMB 108,963,000 in 2024. The company faced increased administrative and marketing expenses, leading to a loss before tax of RMB 37,327,000, compared to RMB 25,434,000 in the previous year. Despite the financial challenges, the company continues to focus on research and development, indicating a commitment to future growth and innovation.

More about Denox Environmental & Technology Holdings Limited

Denox Environmental & Technology Holdings Limited, incorporated in the Cayman Islands, operates in the environmental and technology sector. The company focuses on providing innovative solutions and services that cater to environmental sustainability and technological advancements.

YTD Price Performance: 5.71%

Average Trading Volume: 251,166

Technical Sentiment Signal: Buy

Current Market Cap: HK$43.87M

Find detailed analytics on 1452 stock on TipRanks’ Stock Analysis page.

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