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The latest update is out from DeTai New Energy Group ( (HK:0559) ).
DeTai New Energy Group Limited reported its unaudited interim results for the six months ending December 31, 2024, showing a profit of HK$6,127,000 compared to a loss in the previous year. The company experienced a decrease in gross profit but managed to achieve a positive net gain on financial assets, contributing to the overall profit. This financial turnaround indicates a significant improvement in the company’s operational efficiency and financial health, which could positively impact its stakeholders and market position.
More about DeTai New Energy Group
DeTai New Energy Group Limited operates in the energy sector, focusing on new energy solutions. The company is involved in hotel operations, trading, and investment activities, with a market focus that includes generating revenue from hotel income, trading income, and dividend income.
YTD Price Performance: -4.05%
Average Trading Volume: 97,447
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$86.85M
Learn more about 0559 stock on TipRanks’ Stock Analysis page.