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New Times Corporation Reports 2024 Financial Results

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New Times Corporation Reports 2024 Financial Results

Confident Investing Starts Here:

New Times Energy Corporation Limited ( (HK:0166) ) just unveiled an announcement.

New Times Corporation Limited, a company listed on the Hong Kong Stock Exchange, announced its annual financial results for the year ended December 31, 2024. The company reported a significant decline in revenue from HK$26,150.2 million in 2023 to HK$10,896.7 million in 2024, alongside a reduced loss before tax of HK$86.2 million compared to HK$159.6 million in the previous year. Despite the improvement in loss figures, the company did not declare any final dividend for the year. The financial results reflect ongoing challenges in the company’s operations, potentially impacting its market position and stakeholder confidence.

More about New Times Energy Corporation Limited

YTD Price Performance: 2.00%

Average Trading Volume: 808,310

Technical Sentiment Signal: Buy

Current Market Cap: HK$445.8M

Learn more about 0166 stock on TipRanks’ Stock Analysis page.

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