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HC ENV TECH: Interim Report 2024
A comprehensive understanding of the mid-term performance report of Hongcheng Environmental Technology (2265.HK) in 2024
A glance at the mid-term performance report of Hongcheng Eco-friendly Technology (02265.HK) in 2024.
Hongcheng Environmental (2265.HK): Multiple core data have grown in double digits, and the certainty of growth is becoming stronger.
In recent years, under the impact of factors such as slowing investment and intensified competition, the eco-friendly industry has experienced a period of development pains, and traditional development models are difficult to sustain. As the industry enters the 'second half', industry rules are being reshaped and companies are making breakthroughs. Against the backdrop of fundamental changes, only companies that actively integrate into the new development pattern, and provide strong support for the sustained development of their business through continuous innovation and practice, can stand out from the competition. For example, a while ago, the leading eco-friendly technology company in hazardous waste resources, Hongcheng Environmental Technology (2265.HK, hereinafter referred to as 'Hongcheng Environmental'), announced a double growth in revenue and profits, and an improvement in business structure.
HC ENV TECH: INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2024
Hongcheng Eco-friendly Technology (02265.HK) announced a net profit increase of approximately 90.5% to about 95.2% for the first half of the year.
On August 20, Geelong announced that Hongcheng Eco-friendly Technology (02265.HK) expects to record approximately RMB 20.0 million to RMB 20.5 million in net profit attributable to shareholders for the six-month period ending June 30, 2024. This is an increase of about 90.5% to 95.2% compared to the net profit attributable to shareholders of approximately RMB 10.5 million for the same period in 2023. The revenue for the six-month period ending June 30, 2024 is expected to be about RMB 105.1 million, an increase of about 114.6% compared to about RMB 49.2 million in revenue for the same period in 2023.
Express News | Hongcheng Environmental Technology H1 Net Income RMB 20 Million
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