Investors Can Find Comfort In Zhejiang Tengy Environmental Technology's (HKG:1527) Earnings Quality

Simply Wall StSep 27 18:35 ET

TENGY ENV: Interim Report 2024

HKEXSep 20 04:34 ET · Announcements

The Market Lifts Zhejiang Tengy Environmental Technology Co., Ltd (HKG:1527) Shares 27% But It Can Do More

Simply Wall StSep 6 18:06 ET

TENGY ENV: INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2024

HKEXAug 30 08:07 ET · Announcements

Tengy Environmental Technology Sees 115% Profit Jump in H1

MT NewswiresAug 6 02:07 ET

Tengy Env (01527.HK) announced a expected increase of approximately 115.14% in mid-term net profit.

Tengy Env (01527.HK) announced on August 5 that its net profit for the six months ended June 30, 2023 was approximately RMB 6,870,000, while its net profit for the six months ended June 30, 2024 is expected to increase by approximately 115.14% to about RMB 14,780,000. The board of directors believes that the main driver of this increase is due to the (i) increase in gross margin of completed projects during the period and (ii) decrease in raw material prices of the company's products.

Gelonghui FinanceAug 5 08:05 ET