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United Energy Group ( (HK:0467) ) has provided an announcement.
United Energy Group Limited reported its annual results for the year ended December 31, 2024, showcasing a 28.9% increase in turnover to HK$17.5 billion and a return to profitability with a profit of HK$1.56 billion, compared to a loss in the previous year. Despite a decrease in gross profit and adjusted EBITDA, the company saw a significant rise in EBITDA and an increase in net assets. Operationally, the company experienced a decline in production in Pakistan but an increase in the MENA region, with notable changes in reserve levels across its assets.
More about United Energy Group
United Energy Group Limited is a company incorporated in the Cayman Islands and continued in Bermuda with limited liability. It operates in the energy sector, focusing on oil and gas production with significant assets in Pakistan and the MENA region.
YTD Price Performance: 22.50%
Technical Sentiment Signal: Buy
Current Market Cap: $1.19B
See more data about 0467 stock on TipRanks’ Stock Analysis page.