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Contiocean Environment Tech Group Co., Ltd. Class H ( (HK:2613) ) has shared an update.
ContiOcean Environment Tech Group Co., Ltd. has issued a profit warning, indicating a significant decrease in net profit for the first half of 2025 compared to the same period last year. The decline is attributed to geopolitical tensions affecting China’s shipbuilding and shipping industries, delays in high-value order deliveries, and the long-cycle nature of new orders. Despite these challenges, the company is actively pursuing strategies to mitigate adverse impacts by expanding into new markets and developing new products.
More about Contiocean Environment Tech Group Co., Ltd. Class H
ContiOcean Environment Tech Group Co., Ltd. operates in the environmental technology sector, focusing on providing solutions for the shipbuilding and shipping industries. The company is based in China and aims to expand its market presence by developing new products and exploring new markets.
Average Trading Volume: 7,898
Technical Sentiment Signal: Strong Buy
For detailed information about 2613 stock, go to TipRanks’ Stock Analysis page.