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E-Commodities Holdings Limited ( (HK:1733) ) has provided an announcement.
E-Commodities Holdings Limited has issued a profit warning for the financial year ending December 31, 2024, anticipating a decrease in net profit due to declining coking coal prices and a challenging market environment. Despite these challenges, the company has maintained its market leadership by increasing coal sales volume and implementing a ‘volume-driven’ strategy, while also leveraging developments in the Sino-Mongolia cross-border corridor to enhance competitiveness and efficiency in coal imports.
More about E-Commodities Holdings Limited
E-Commodities Holdings Limited is a company incorporated in the British Virgin Islands, operating in the commodities industry. It focuses on providing supply chain services for coking coal, maintaining a strong market presence and achieving significant coal sales volumes.
YTD Price Performance: -16.15%
Average Trading Volume: 11,000
Technical Sentiment Consensus Rating: Hold
Current Market Cap: €329.3M
For detailed information about 1733 stock, go to TipRanks’ Stock Analysis page.
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