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Yuan Heng Gas Holdings Ltd ( (HK:0332) ) has issued an update.
Yuan Heng Gas Holdings Ltd announced its audited consolidated results for the year ended 31 March 2025, revealing a significant decline in financial performance. The company reported a gross profit of RMB 44,036,000, a decrease from the previous year, and a substantial net loss of RMB 1,992,981,000, primarily due to an impairment loss under the expected credit loss model. This downturn in results highlights challenges faced by the company in maintaining profitability and may impact its market positioning and stakeholder confidence.
More about Yuan Heng Gas Holdings Ltd
Yuan Heng Gas Holdings Ltd is a company incorporated in Bermuda, operating in the oil and gas industry. The company is primarily involved in the sale and purchase of oil and gas products.
Average Trading Volume: 14,022,640
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$137.5M
See more insights into 0332 stock on TipRanks’ Stock Analysis page.