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Northeast Electric Reports Interim Loss Amidst Revenue of RMB 77.29 Million

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Northeast Electric Reports Interim Loss Amidst Revenue of RMB 77.29 Million

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Northeast Electric Development Co., Ltd. Class H ( (HK:0042) ) has issued an announcement.

Northeast Electric Development Co., Ltd. has announced its unaudited interim results for the six months ended June 30, 2025. The company reported a consolidated turnover of RMB 77.29 million and a loss attributable to equity holders of RMB 5.16 million, translating to a loss per share of RMB 0.6 cents. The board has decided not to distribute cash dividends, issue bonus shares, or capitalize from capital reserves. This announcement, approved by the board and reviewed by the audit committee, reflects the company’s adherence to PRC GAAP and IFRS standards.

The most recent analyst rating on (HK:0042) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Northeast Electric Development Co., Ltd. Class H stock, see the HK:0042 Stock Forecast page.

More about Northeast Electric Development Co., Ltd. Class H

Average Trading Volume: 991,032

Technical Sentiment Signal: Buy

Current Market Cap: HK$275.1M

Find detailed analytics on 0042 stock on TipRanks’ Stock Analysis page.

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