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ASIA ENERGY LOG: ANNOUNCEMENT OF ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2024
Asia Energy Logistics Group Limited's (HKG:351) 28% Cheaper Price Remains In Tune With Revenues
Asia Energy Logistics Group Forecasts Loss in 2024
ASIA ENERGY LOG (00351.HK) issues a profit warning: expected loss of approximately 30 million Hong Kong dollars in the fiscal year 2024.
On February 21, Gelonghui reported that ASIA ENERGY LOG (00351.HK) announced that the group expects to record a loss of approximately 30 million Hong Kong dollars for the financial year ending December 31, 2024, compared to a profit of approximately 11.1 million Hong Kong dollars for the financial year ending December 31, 2023. This change is mainly due to i) a decrease in charter income and ii) changes in the fair value of financial assets recognized in profit and loss.
Express News | Asia Energy Logistics - Expected Result Due to Decrease in Charter-Hire Income, Others
ASIA ENERGY LOG (00351.HK) plans to hold a Board of Directors meeting on March 14 to approve the annual performance.
Gelonghui reported on February 21 that ASIA ENERGY LOG (00351.HK) announced that the Board of Directors meeting will be held on March 14, 2025 (Friday), to approve the annual performance of the company and its subsidiaries for the year ending December 31, 2024, as well as to consider the proposal for paying a final dividend, if any.
