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EPI (Holdings) Limited Reports 2024 Financial Results with Notable Loss

Story Highlights
  • EPI (Holdings) Limited operates in the energy sector, focusing on petroleum and electricity.
  • The company reported a net loss of HK$198,000 for 2024, down from a profit in 2023.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
EPI (Holdings) Limited Reports 2024 Financial Results with Notable Loss

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An update from EPI (Holdings) Limited ( (HK:0689) ) is now available.

EPI (Holdings) Limited reported its audited consolidated results for the year ending December 31, 2024, showing a slight decrease in revenue compared to the previous year. The company faced a net loss of HK$198,000, a significant decline from the previous year’s profit of HK$21.5 million, largely due to increased depreciation and other comprehensive expenses. The total comprehensive income for the year also reflected a downturn, with a loss of HK$6.6 million, attributed to fair value losses and exchange differences.

More about EPI (Holdings) Limited

EPI (Holdings) Limited is a company incorporated in Bermuda, primarily engaged in the sales of petroleum and electricity. The company operates in the energy sector, focusing on the production and distribution of these resources.

YTD Price Performance: -13.64%

Average Trading Volume: 10,159,883

Technical Sentiment Signal: Buy

Current Market Cap: HK$117.7M

See more data about 0689 stock on TipRanks’ Stock Analysis page.

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