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Jilin Province Chuncheng Heating Reports Mixed 2024 Financial Results

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Jilin Province Chuncheng Heating Reports Mixed 2024 Financial Results

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Jilin Province Chuncheng Heating Company Limited Class H ( (HK:1853) ) has provided an update.

Jilin Province Chuncheng Heating Company Limited announced its annual financial results for the year ended December 31, 2024. The company reported a revenue increase of 6.57% to RMB1,805.70 million, but experienced a decline in profit before tax and net profit by 17.90% and 17.41% respectively. Earnings per share also decreased, and the board proposed a final dividend of RMB0.065 per share. These results indicate a mixed financial performance, with revenue growth but declining profitability, impacting stakeholders’ expectations.

More about Jilin Province Chuncheng Heating Company Limited Class H

Jilin Province Chuncheng Heating Company Limited is a joint stock limited liability company incorporated in the People’s Republic of China. The company operates in the heating industry, providing heating services primarily in Jilin Province.

YTD Price Performance: -14.38%

Average Trading Volume: 99,393

Technical Sentiment Signal: Buy

Current Market Cap: HK$639.4M

See more data about 1853 stock on TipRanks’ Stock Analysis page.

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