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Shenyang Public Utility Holdings Reports Revenue Surge but Continues to Face Losses

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Shenyang Public Utility Holdings Reports Revenue Surge but Continues to Face Losses

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Shenyang Public Utility Holdings Co. Ltd. Class H ( (HK:0747) ) has shared an announcement.

Shenyang Public Utility Holdings Co. Ltd. reported a significant increase in revenue for the 2024 financial year, reaching approximately RMB6,241,000, a 316.62% rise compared to the previous year. Despite the revenue growth, the company still faced a loss after tax of approximately RMB104,269,000, although this was an improvement from the previous year’s loss of RMB146,630,000. The board has decided not to recommend a final dividend for the year. The audited results indicate ongoing challenges in managing costs and investments, impacting the company’s financial performance and shareholder returns.

More about Shenyang Public Utility Holdings Co. Ltd. Class H

Shenyang Public Utility Holdings Co. Ltd. is a joint stock limited company incorporated in the People’s Republic of China. The company operates within the public utility sector, focusing on providing essential services and infrastructure to support urban development and community needs.

YTD Price Performance: -8.33%

Average Trading Volume: 440,000

Technical Sentiment Signal: Buy

Current Market Cap: HK$80.82M

For a thorough assessment of 0747 stock, go to TipRanks’ Stock Analysis page.

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