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Harbin Electric Co. Ltd. Reports 2024 Financial Results

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Harbin Electric Co. Ltd. Reports 2024 Financial Results

Harbin Electric Co. Ltd. Class H ( (HK:1133) ) has issued an announcement.

Harbin Electric Co. Ltd. announced its audited operating results for the year ended December 31, 2024, prepared in accordance with the China Accounting Standards for Business Enterprises. The report highlights a slight decrease in total current assets from the previous year, with notable changes in cash and bank balances, transactional financial assets, and inventories. This financial performance may impact the company’s operational strategies and market positioning in the electric industry.

More about Harbin Electric Co. Ltd. Class H

Harbin Electric Co. Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the electric industry. The company specializes in the production of electric machinery and equipment, focusing on providing advanced power generation solutions.

YTD Price Performance: 56.67%

Average Trading Volume: 685

Technical Sentiment Signal: Sell

Current Market Cap: €1.06B

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