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Zonqing Environmental Limited Reports Decrease in 2024 Annual Revenue and Profit

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Zonqing Environmental Limited Reports Decrease in 2024 Annual Revenue and Profit

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An update from Zonqing Environmental Limited ( (HK:1855) ) is now available.

Zonqing Environmental Limited announced its audited annual results for the year ended December 31, 2024. The company reported a significant decrease in revenue from RMB 2,355,497,000 in 2023 to RMB 1,743,092,000 in 2024, resulting in a drop in gross profit and net profit. Despite the decline, the company managed to maintain profitability, attributing RMB 39,972,000 to equity shareholders. The results reflect challenges in the market, impacting the company’s financial performance and potentially influencing stakeholder confidence.

More about Zonqing Environmental Limited

Zonqing Environmental Limited is a company incorporated in the Cayman Islands, operating within the environmental sector. The company focuses on providing environmental services and solutions, with a market presence indicated by its listing on the Hong Kong Stock Exchange.

YTD Price Performance: 6.71%

Average Trading Volume: 949,372

Technical Sentiment Signal: Sell

Current Market Cap: HK$6.04B

See more data about 1855 stock on TipRanks’ Stock Analysis page.

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