Central New Energy Holding Group Limited provided group earnings guidance for the year ended 31 December 2023. For the period, the Group is expected to record a net profit of not less than HKD 70 million as compared to a net loss of approximately HKD 30.3 million for the corresponding period in 2022. The turnaround from net loss to net profit was primarily attributable to an increase in turnover; an increase in gross profit in new energy and engineering, procurement and construction segment; a fair value gain on investment properties through profit and loss; reversal of loss allowance on trade and other receivables; and gain on disposal of subsidiaries, for the Reporting Period as compared with the corresponding period in 2022.
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5-day change | 1st Jan Change | ||
7.63 HKD | +3.81% | +32.64% | +51.39% |
Mar. 18 | Central New Energy Holding Returns to Profit as Revenue Surges | MT |
Mar. 18 | Central New Energy Holding Group Limited Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
1st Jan change | Capi. | |
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+51.39% | 3.98B | |
+0.84% | 70.8B | |
+2.34% | 59.19B | |
+28.15% | 40.48B | |
+20.37% | 33.28B | |
+11.21% | 29.11B | |
+20.07% | 21.71B | |
+11.45% | 18.84B | |
+81.08% | 18.33B | |
+16.03% | 15.5B |
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- Central New Energy Holding Group Limited Provides Group Earnings Guidance for the Year Ended 31 December 2023