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Henan Jinma Energy Reports Annual Loss Amid Revenue Decline

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Henan Jinma Energy Reports Annual Loss Amid Revenue Decline

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Henan JinMa Energy Co. Ltd. Class H ( (HK:6885) ) has provided an update.

Henan Jinma Energy Co. Ltd. announced its annual financial results for the year ending December 31, 2024, reporting a revenue of RMB11,599 million but a loss attributable to shareholders of RMB345.9 million. The company’s financial performance reflects a challenging year with a significant decrease in gross profit and an increase in selling and distribution expenses, impacting its overall profitability and market positioning.

More about Henan JinMa Energy Co. Ltd. Class H

Henan Jinma Energy Co. Ltd. is a joint stock company incorporated in the People’s Republic of China, operating within the energy sector. The company is primarily involved in the production and distribution of energy-related products and services.

YTD Price Performance: -23.53%

Average Trading Volume: 128,900

Technical Sentiment Signal: Buy

Current Market Cap: HK$278.4M

For a thorough assessment of 6885 stock, go to TipRanks’ Stock Analysis page.

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