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Green Energy Group Reports Increased Losses in Interim Results

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Green Energy Group Reports Increased Losses in Interim Results

Elevate Your Investing Strategy:

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

Green Energy Group Limited reported its unaudited interim results for the six months ending December 31, 2024, revealing a total comprehensive loss of HK$8,395,000 compared to a loss of HK$2,944,000 in the previous year. The decline in revenue and increased transportation and operating expenses contributed to the financial downturn, impacting the company’s operational efficiency and market positioning.

More about Green Energy Group Limited

Green Energy Group Limited, incorporated in Bermuda, operates within the renewable energy sector. The company focuses on providing sustainable energy solutions and related services, aiming to contribute to the global shift towards cleaner energy sources.

YTD Price Performance: -8.85%

Average Trading Volume: 161,547

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$321.4M

See more insights into 0979 stock on TipRanks’ Stock Analysis page.

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