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ELL Environmental Posts Higher Losses Despite Revenue Growth

ELL Environmental Posts Higher Losses Despite Revenue Growth

ELL Environmental Holdings Limited (HK:1395) has released an update.

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ELL Environmental Holdings Limited reported a slight revenue increase of 0.5% year-over-year to HK$45.7 million for the first half of 2024, but faced a 32.8% larger net loss of HK$10.1 million compared to the same period last year. The company also saw a 6.5% increase in gross profit, but has decided against declaring any dividends for this period.

For further insights into HK:1395 stock, check out TipRanks’ Stock Analysis page.

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