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CH ENV TECH&BIO: 2024 ANNUAL REPORT
CH ENV TECH&BIO: ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2024
In the announcement, CH ENV TECH&BIO (01237.HK) has reversed 8.8 million yuan, forecasting a turnaround in annual performance.
CH ENV TECH&BIO (01237.HK) announces a profit alert, expecting a net profit of about 3 million RMB in 2024, compared to a loss of 2.4 million RMB in the previous year. The turnaround is mainly due to the reversal of excess provisions for income tax expenses of about 8.8 million RMB from the previous year.
CH ENV TECH&BIO (01237.HK) announces a positive profit forecast: expecting a net profit of 3 million yuan in 2024, turning losses into gains year-on-year.
Gelonghui reported on March 24 that CH ENV TECH&BIO (01237.HK) announced that for the year ending December 31, 2024, the group expects to record a Net income attributable to Shareholders of approximately 3 million RMB (2023: Net loss of 2.4 million RMB). The group achieved profitability mainly due to the reversal of an excess provision for income tax expenses from the previous year, amounting to approximately 8.8 million RMB.
CH ENV TECH&BIO: POSITIVE PROFIT ALERT TURNAROUND FROM NET LOSS TO NET PROFIT
CH ENV TECH&BIO (01237.HK) plans to hold a Board of Directors meeting on March 31 to approve the annual performance.
Glorysec announced on March 18 that CH ENV TECH&BIO (01237.HK) will hold a Board of Directors meeting on March 31, 2025, to approve the annual performance report of the company and its subsidiaries for the year ending December 31, 2024, for publication, and expects to implement proposals for dividend distribution (if any) and address Other matters.
