tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Zhejiang Tengy Environmental Reports Revenue Drop but Profit Increase in H1 2025

Story Highlights
Zhejiang Tengy Environmental Reports Revenue Drop but Profit Increase in H1 2025

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Zhejiang Tengy Environmental Technology Co., Ltd. Class H ( (HK:1527) ) has provided an announcement.

Zhejiang Tengy Environmental Technology Co., Ltd reported a significant decrease in revenue by approximately 36.98% for the first half of 2025 compared to the same period last year, amounting to RMB224.82 million. Despite the revenue drop, the company’s profit attributable to owners increased by 7.21% to RMB15.84 million, indicating improved profitability. The board did not recommend any dividend payment for the reporting period, reflecting a cautious approach amidst fluctuating financial performance.

More about Zhejiang Tengy Environmental Technology Co., Ltd. Class H

Zhejiang Tengy Environmental Technology Co., Ltd is a joint stock company established in China, focusing on environmental technology solutions. The company operates in the environmental sector, providing products and services aimed at improving environmental conditions.

Average Trading Volume: 162,240

Technical Sentiment Signal: Buy

Current Market Cap: HK$290.3M

For an in-depth examination of 1527 stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1