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New Universe Environmental Group Reports 2024 Financial Results Amid Revenue Decline

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New Universe Environmental Group Reports 2024 Financial Results Amid Revenue Decline

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New Universe Environmental Group Limited ( (HK:0436) ) just unveiled an update.

New Universe Environmental Group Limited reported its financial results for the year ending December 31, 2024, showing a decline in total revenue from HK$405.6 million in 2023 to HK$349.4 million in 2024. Despite a reduction in losses attributable to shareholders, the company continues to face challenges with a reported loss of HK$26.3 million. The financial results indicate ongoing operational difficulties, impacting the company’s market positioning and potentially affecting stakeholder confidence.

More about New Universe Environmental Group Limited

New Universe Environmental Group Limited operates in the environmental services industry, providing waste management solutions. The company focuses on sustainable waste treatment and disposal services, primarily serving industries that require specialized waste management solutions.

YTD Price Performance: -10.0%

Average Trading Volume: 318,425

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: HK$136.6M

See more data about 0436 stock on TipRanks’ Stock Analysis page.

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