An update from Feishang Anthracite Resources ( (HK:1738) ) is now available.
Feishang Anthracite Resources Limited reported a significant decline in its financial performance for the year ended December 31, 2024. The company’s revenue from continuing operations decreased by approximately 68.9%, and its gross profit plummeted by 99.9%. The loss attributable to owners of the parent from continuing operations increased by 9.3%, highlighting a challenging year for the company. These results reflect the company’s struggle to maintain profitability amidst industry challenges, impacting its market position and stakeholder confidence.
More about Feishang Anthracite Resources
Feishang Anthracite Resources Limited is a company incorporated in the British Virgin Islands, primarily engaged in the anthracite coal industry. The company focuses on the production and sale of anthracite coal, a type of hard coal known for its high carbon content and energy efficiency.
YTD Price Performance: 80.0%
Average Trading Volume: 27,500
Technical Sentiment Signal: Buy
Current Market Cap: $17.75M
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