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Jiangsu Innovative Ecological New Materials Ltd. ( (HK:2116) ) has provided an announcement.
Jiangsu Innovative Ecological New Materials Ltd. announced its audited annual results for the year ended December 31, 2024, showing a decrease in revenue from RMB 186,071,000 in 2023 to RMB 182,200,000 in 2024. The company’s profit for the year also declined from RMB 21,121,000 in 2023 to RMB 13,982,000 in 2024, reflecting challenges in maintaining previous profit margins despite efforts in sales, marketing, and research and development.
More about Jiangsu Innovative Ecological New Materials Ltd.
Jiangsu Innovative Ecological New Materials Ltd. is a company incorporated in the Cayman Islands, focusing on ecological new materials. The company operates within the materials industry, providing innovative solutions with a market focus on sustainable and ecological products.
YTD Price Performance: 53.85%
Average Trading Volume: 336,470
Technical Sentiment Signal: Sell
Current Market Cap: HK$288M
See more insights into 2116 stock on TipRanks’ Stock Analysis page.