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Kimou Environmental Projects Over 30% Profit Increase for 2024

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Kimou Environmental Projects Over 30% Profit Increase for 2024

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Kimou Environmental Holding Limited ( (HK:6805) ) has shared an announcement.

Kimou Environmental Holding Limited has announced a positive profit alert, expecting a more than 30% increase in profit attributable to equity shareholders for the year ended December 31, 2024, compared to the previous year. This growth is primarily driven by increased revenue from leasing, facility usage, and wastewater treatment, as well as higher goods sales due to rising tenant demand and adjustments in credit policy. The final audited results are expected in late March 2025, and stakeholders are advised to exercise caution when dealing with the company’s securities.

More about Kimou Environmental Holding Limited

Kimou Environmental Holding Limited operates in the environmental services industry, focusing on surface treatment recycling eco-industrial parks. The company provides services such as leasing, facility usage, wastewater treatment, and utilities, catering to tenant demand and related business activities.

YTD Price Performance: -6.25%

Average Trading Volume: 156,533

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$1.33B

See more insights into 6805 stock on TipRanks’ Stock Analysis page.

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