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DeTai New Energy Group ( (HK:0559) ) has provided an update.
DeTai New Energy Group Limited has issued a positive profit alert, indicating an improvement in its financial performance for the year ended 30 June 2025. The net profit increase is attributed to the absence of previous losses on derecognition of receivables and revaluation of investment properties, as well as a significant fair value gain on financial assets. The company’s audited results are expected to be announced by the end of September 2025, and stakeholders are advised to exercise caution when dealing with its shares.
More about DeTai New Energy Group
DeTai New Energy Group Limited is a company incorporated in Bermuda with limited liability, operating in the energy sector. The company, along with its subsidiaries, focuses on providing energy solutions and is listed on the Stock Exchange of Hong Kong Limited.
Average Trading Volume: 2,187,296
Technical Sentiment Signal: Sell
Current Market Cap: HK$94.17M
For a thorough assessment of 0559 stock, go to TipRanks’ Stock Analysis page.