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Jintai Energy Issues Profit Warning for 2024

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Jintai Energy Issues Profit Warning for 2024

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An announcement from Jintai Energy Holdings Limited ( (HK:2728) ) is now available.

Jintai Energy Holdings Limited has issued a profit warning, indicating an expected net loss of approximately HK$21.9 million for the year ending December 31, 2024, compared to a net loss of HK$24.3 million in 2023. The loss is primarily due to the absence of gains from subsidiary disposals and a decrease in government grants. The company’s annual results are still being finalized and may differ from the preliminary figures.

More about Jintai Energy Holdings Limited

YTD Price Performance: -26.67%

Average Trading Volume: 456,500

Technical Sentiment Signal: Hold

Current Market Cap: HK$98.01M

For a thorough assessment of 2728 stock, go to TipRanks’ Stock Analysis page.

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