Green Energy Group Reports Increased Annual Loss

Green Energy Group Limited (HK:0979) has released an update.

Green Energy Group Limited has reported a year-over-year increase in net loss from HK$10,056,000 in 2023 to HK$14,117,000 for the fiscal year ended 30 June 2024, as stated in their annual results. The company faced higher losses despite reduced purchases of goods and consumables, as increases in transportation costs and other operating expenses contributed to the overall deficit. This financial snapshot is particularly relevant for investors tracking the performance of Green Energy Group, which is navigating a challenging market environment.

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