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China's Industrial Profits Up 0.8% In Q1 Amid Tariff Hurdles
SANERGY GROUP: Annual Report 2024
The SANERGY GROUP (02459.HK) reported a loss that expanded to 40.984 million US dollars last year.
SANERGY GROUP (02459.HK) announced its annual results for the year ended last December, with a revenue of 56.951 million USD, a decline of 21.2% year-on-year. The loss widened to 40.984 million yuan, compared to a loss of 15.476 million yuan in the same period last year; the loss per share was 4 cents. No final dividend is declared. (js/w)~
Sanergy Group Faces Challenges Amid Global Steel Industry Headwinds
SANERGY GROUP: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2024
Ascend Energy Group (02459.HK) warns of earnings: expecting a net loss not exceeding 44 million USD in 2024.
On March 21, Glonghui announced that Shengneng Group (02459.HK) expects to record a net loss attributable to the company's owners of no more than 44 million USD for the fiscal year 2024, while the net loss attributable to the company's owners for the year ended December 31, 2023, was approximately 15.5 million USD. Despite the announced losses, the group's sales achieved considerable growth of over 6%, increasing from 17,015 metric tons in fiscal year 2023 to 18,141 metric tons in fiscal year 2024. The sales growth reflects the group's commitment to maintaining market competitiveness even in the face of global economic uncertainty and increasing competitive pressure.