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GREEN ENERGY GP: Annual Report 2023/24
green energy gp (00979.HK) annual continuous operation business revenue decreased by approximately 71 million Hong Kong dollars, a decrease of 11.3% year-on-year
On September 27, Green Energy GP (00979.HK) announced that in the 2024 fiscal year, the group's revenue from continuous operating business is approximately 71,000,000 Hong Kong dollars, a decrease of 11.3% compared to the 2023 fiscal year. The decrease in revenue mainly comes from the wind power business segment. In the 2024 fiscal year, the company's attributable net loss is approximately 14,300,000 Hong Kong dollars (2023 fiscal year: approximately 9,000,000 Hong Kong dollars), an annual increase of 58.9%. The increase in loss is mainly due to the decrease in revenue under the weakened demand for waste cooking oil.
GREEN ENERGY GP: ANNOUNCEMENT OF ANNUAL RESULTS FOR THE YEAR ENDED 30 JUNE 2024
Green Energy Group Expects to Log Wider Attributable Loss in Fiscal 2024
Green energy technology (00979.HK) is expected to expand its annual loss to a maximum of 16 million yuan in the profit warning.
Green energy technology company (00979.HK) issued a profit warning, expecting a loss of approximately 12 million yuan to 16 million yuan for the year ending June 30, 2024, an increase from the loss of about 9 million yuan in the year ending June 30, 2023. This is mainly due to a decrease in income and a surge in transportation costs during the period of weakened demand for waste oil, leading to a decrease in the net profit of the wind power business segment.
GREEN ENERGY GP: PROFIT WARNING
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