Enviro Energy Reports Notable Half-Year Loss

Enviro Energy International Holdings Limited (HK:1102) has released an update.

Enviro Energy International Holdings Limited reported a significant loss for the six-month period ending June 30, 2024, with unaudited results showing a loss of HK$87,940,000 compared to a profit of HK$3,354,000 in the previous year. The loss per share has sharply increased to HK$13.58 from a loss of HK$0.46 per share in 2023. This downturn is primarily attributed to a substantial loss on debt capitalisation and increased finance costs.

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