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Zhejiang Tengy Environmental Technology Co., Ltd. Class H ( (HK:1527) ) just unveiled an update.
Zhejiang Tengy Environmental Technology Co., Ltd reported a significant financial performance for the year ended December 31, 2024, with a revenue increase of approximately 20.1% to RMB744.9 million and a profit increase of 98.2% to RMB84.6 million. Despite the strong financial results, the company decided not to distribute a final dividend for the year, which may impact shareholder expectations but reflects a strategic decision to potentially reinvest in operations or manage financial stability.
More about Zhejiang Tengy Environmental Technology Co., Ltd. Class H
Zhejiang Tengy Environmental Technology Co., Ltd is a joint stock company based in the People’s Republic of China, operating in the environmental technology industry. The company and its subsidiaries focus on providing environmental protection solutions and services.
YTD Price Performance: 49.48%
Average Trading Volume: 89,581
Technical Sentiment Signal: Sell
Current Market Cap: HK$195.8M
See more insights into 1527 stock on TipRanks’ Stock Analysis page.