ELL Environmental Holdings Reports Increased Revenue but Sustained Losses in 2024

ELL Environmental Holdings Limited ( (HK:1395) ) has shared an announcement.

ELL Environmental Holdings Limited reported its financial results for the year ended December 31, 2024, showing a 7.4% increase in revenue to HK$121.6 million and a 52.5% rise in gross profit to HK$62.0 million compared to the previous year. Despite these gains, the company recorded a net loss of HK$9.3 million, up from a HK$8.1 million loss in 2023, and no final dividend was recommended for the year. The results reflect the company’s ongoing challenges in managing costs and achieving profitability, impacting its financial stability and stakeholder confidence.

More about ELL Environmental Holdings Limited

ELL Environmental Holdings Limited is a company incorporated in the Cayman Islands, operating in the environmental sector. It focuses on providing environmental protection services, with a particular emphasis on waste management and treatment solutions.

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