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The latest update is out from Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co., Ltd. Class H ( (HK:9663) ).
Sino-Synergy Hydrogen Energy Technology reported a significant decline in its financial performance for the year ended December 31, 2024, with total revenue decreasing by approximately 36.9% to RMB442.4 million and gross profit dropping by 77.2% to RMB40 million. The company also reported a loss attributable to owners of RMB407.2 million, slightly higher than the previous year’s loss of RMB404.4 million, indicating ongoing financial challenges. The lack of dividend declaration further underscores the company’s current financial strain, which may impact its market positioning and stakeholder confidence.
More about Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co., Ltd. Class H
Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, focusing on hydrogen energy technology. The company operates in the renewable energy sector, providing hydrogen energy solutions and related services.
YTD Price Performance: -38.69%
Average Trading Volume: 180,854
Technical Sentiment Signal: Buy
Current Market Cap: HK$3.1B
For an in-depth examination of 9663 stock, go to TipRanks’ Stock Analysis page.