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Ascend Energy Group (02459.HK) warns of earnings: expecting a net loss not exceeding 44 million USD in 2024.
On March 21, Glonghui announced that Shengneng Group (02459.HK) expects to record a net loss attributable to the company's owners of no more than 44 million USD for the fiscal year 2024, while the net loss attributable to the company's owners for the year ended December 31, 2023, was approximately 15.5 million USD. Despite the announced losses, the group's sales achieved considerable growth of over 6%, increasing from 17,015 metric tons in fiscal year 2023 to 18,141 metric tons in fiscal year 2024. The sales growth reflects the group's commitment to maintaining market competitiveness even in the face of global economic uncertainty and increasing competitive pressure.
Express News | Sanergy Group - Expects FY2024 Net Loss of up to $44 Million
SANERGY GROUP: PROFIT WARNING
Sanergy Group Schedules Board Meeting to Approve Annual Results
On March 21, the Shengneng Group (02459.HK) held a Board of Directors meeting to consider and approve the full-year performance.
Gelonghui March 12 ┃ Shengneng Group (02459.HK) announced that it will hold a Board of Directors meeting on March 21, 2025 (Friday), during which the agenda includes considering and approving the group's full-year performance for the year ending December 31, 2024, and its release.
SANERGY GROUP: DATE OF BOARD MEETING
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