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.
Green Energy Group Limited ( (HK:0979) ) has issued an update.
Green Energy Group Limited has issued a profit warning, indicating an expected increase in losses for the year ending June 30, 2025, ranging from HK$15 million to HK$18 million, compared to a loss of HK$14.3 million the previous year. The anticipated loss is attributed to decreased revenue and profit margins in its renewable energy segment and impairment losses in its plastic recycling operations, signaling potential challenges in its financial performance and market positioning.
The most recent analyst rating on (HK:0979) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Green Energy Group Limited stock, see the HK:0979 Stock Forecast page.
More about Green Energy Group Limited
Green Energy Group Limited operates in the renewable energy sector and is involved in the plastic recycling business. The company is focused on providing sustainable energy solutions and recycling services, primarily targeting the Hong Kong market.
Average Trading Volume: 189,862
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$406.9M
Learn more about 0979 stock on TipRanks’ Stock Analysis page.