China Everbright Greentech Ltd. ( (HK:1257) ) has shared an announcement.
China Everbright Greentech Limited reported a challenging financial year for 2024, with a 6% decline in revenue to HK$6.98 billion and a 32% drop in EBITDA to HK$994 million. The company’s loss attributable to equity shareholders increased by 38% to HK$415 million, and no final dividend was declared. These results reflect the company’s ongoing struggles in managing costs and impairments, impacting its financial stability and potentially affecting stakeholder confidence.
More about China Everbright Greentech Ltd.
China Everbright Greentech Limited is a company incorporated in the Cayman Islands, operating in the environmental protection industry. It focuses on providing integrated environmental solutions, including biomass, hazardous waste treatment, and solar energy projects.
YTD Price Performance: -26.53%
Average Trading Volume: 915,386
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$1.49B
Learn more about 1257 stock on TipRanks’ Stock Analysis page.