Shares of SIIC Environment (00807) have fallen by more than 5%, and as of press time, the stocks have declined by 5.15% to HKD 0.92, with a turnover of HKD 1.6719 million.
According to the Zhitong Financial app, shares of SIIC Environment (00807) have fallen by more than 5%, and as of press time, the stocks have declined by 5.15% to HKD 0.92, with a turnover of HKD 1.6719 million.
In terms of news, SIIC Environment released its financial performance for the first six months ending June 30, 2024. The group's revenue during this period decreased by 17.3% year-on-year to RMB 3.324 billion. Shareholders' net profit decreased by 14.8% year-on-year to RMB 0.321 billion. The company stated that it will not distribute dividends due to the need to provide funding for capital expenditures and project investments. In addition, during the three months ending June 30, 2024, the group's revenue for this period was RMB 1.695 billion, a decrease of 19.3% year-on-year. Shareholders' net profit decreased by 14.2% year-on-year to RMB 0.195 billion.
