Shunfeng Energy Projects Narrower Losses

Shunfeng International Clean Energy (HK:1165) has released an update.

Shunfeng International Clean Energy has indicated a decrease in projected losses for the first half of 2024, estimating a loss of RMB219 million compared to RMB308 million in the previous year. This reduced loss is attributed to significant decreases in other losses and finance costs, despite an expected drop in gross profit. Investors are cautioned to review the interim results carefully, which will be finalized and released by the end of August 2024.

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