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Shandong Hi-Speed New Energy Reports Profit Growth Amid Cost Reductions

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Shandong Hi-Speed New Energy Reports Profit Growth Amid Cost Reductions

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Shandong Hi-Speed New Energy Group Limited ( (HK:1250) ) has issued an update.

Shandong Hi-Speed New Energy Group Limited reported a 6.5% increase in profit for the first half of 2025, reaching approximately RMB392.8 million. The company successfully reduced its financial costs by 15.8% through refinancing strategies, maintaining a healthy debt ratio of 60.17%. Despite a slight decrease in revenue, the company has sufficient financial reserves to support future business development, although no interim dividend was declared.

More about Shandong Hi-Speed New Energy Group Limited

Shandong Hi-Speed New Energy Group Limited operates in the energy sector, focusing on new energy solutions. The company is involved in the development and management of energy projects, aiming to provide sustainable and cost-effective energy solutions.

Average Trading Volume: 384,567

Technical Sentiment Signal: Buy

Current Market Cap: HK$5.23B

See more data about 1250 stock on TipRanks’ Stock Analysis page.

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