New Universe Environmental Group Limited (HK:0436) has released an update.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
New Universe Environmental Group Limited reported a 17.2% decrease in revenue and a 38.9% decrease in loss attributable to owners for the first half of 2024, compared to the same period in 2023. Despite the decline in revenue, cash and cash equivalents increased by 13.9%, though the company saw a 22.0% increase in bank borrowings. Reflecting these results, the company’s board has decided not to declare a dividend for the period.
For further insights into HK:0436 stock, check out TipRanks’ Stock Analysis page.