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GREEN ENERGY GP (00979.HK) plans to hold a Board of Directors meeting on February 27 to approve the interim results.
Glory Financial reported on February 13 that GREEN ENERGY GP (00979.HK) announced it will hold a Board of Directors meeting on February 27, 2025 (Thursday) to (including) review and approve the interim results for the six months ending December 31, 2024, and its publication, as well as consider the distribution of an interim dividend (if any).
GREEN ENERGY GP (00979.HK) warns of a profit warning: expects a net loss of 6.5 million to 8.5 million Hong Kong dollars for the interim period.
On February 12, the group announced that GREEN ENERGY GP (00979.HK) expects to record a loss attributable to the company owners of approximately 6.5 million to 8.5 million HKD for the six months ending December 31, 2024, compared to about 4.6 million HKD for the six months ending December 31, 2023. The Board of Directors believes that the increase in losses is mainly due to the decline in gross margin of the Wind Power business segment caused by rising raw material purchase costs, resulting in a net loss for that segment.
Express News | Green Energy - Expected Result Due to Net Loss of Renewable Energy Business Segment
Express News | Green Energy Group Ltd Sees Loss Attributable of HK$6.5 Mln to HK$8.5 Mln for Six Months
Green Energy Group Exits Money Lending Business by Disposing All Interest in Noble Ample
green energy gp (00979.HK) sells all shares of Zofu.
On November 18, Glonghui reported that the green energy gp (00979.HK) announced that on November 18, 2024, the company has sold all of its equity in Chiu Fook Limited (Chiu Fook, a company registered in Hong Kong that holds a money lender license under Hong Kong Ordinance Chapter 163), to a third party independent of the company and its related parties. The board of directors believes that the sale is a good opportunity for the group to transfer its resources from the money lending business to other more profitable business segments and/or new projects with higher growth potential. The board of directors also believes that the termination of the business will not affect the group's ...
