Enviro Energy International Holdings Limited (HK:1102) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
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.
For further insights into HK:1102 stock, check out TipRanks’ Stock Analysis page.