02688 ENN ENERGY
- 50.900
- -0.800-1.55%
ENN ENERGY News
Major bank rating | Bocom Intl: Raised target price for ENN Energy to HKD 65.1, upgraded to "buy" rating.
Bocom Intl released a report stating that ENN Energy's core profit for the first half of the year fell by 16.6% YoY to 3.26 billion yuan, in line with the bank's expectations. The bank raised the company's profit forecast for 2024 to 2026 by 0.2%, 1.5%, and 2.3%, respectively, to reflect the company's better-than-expected gas sales gross profit and the gross profit growth of its smart home division. The target price was raised to HKD 65.1. Due to the company's stable profit structure and improved visibility of profit growth next year, the bank upgraded the rating of ENN Energy to "buy".
ENN Energy's Near-Term Share Price Likely to Remain Volatile -- Market Talk
ENN Energy Fair Value Estimate Lowered to HK$72.00 From HK$88.00 by Morningstar >2688.HK
HK$68.85: That's What Analysts Think ENN Energy Holdings Limited (HKG:2688) Is Worth After Its Latest Results
ENN Energy Could Gain Investor Interest -- Market Talk
ENN Energy Raised to Buy From Hold by DBS Group Research >2688.HK
DBS Bank Upgrades ENN Energy to Buy From Hold; Price Target Is HK$63
【Brokerage Focus】Bocom Intl slightly raised the target price of enn energy (02688) by 1.6%. The rating was upgraded to buy, indicating that the current profit structure has stabilized.
Golden Guard Financial News | Bocom Intl released research reports stating that enn energy (02688) core profit for the first half of the year decreased by 16.6% year-on-year to 3.26 billion yuan, in line with the bank's expectations. The company's pan-energy and smart home businesses saw a year-on-year increase in branch gross profit in the first half of the year of 17%/23% to 1.07 billion yuan/1.4 billion yuan, surpassing the branch gross profit of 820 million yuan during the interconnection engineering period. The bank expects that in the company's gross profit composition, the proportion of interconnection engineering will decrease to 14%/13% in 2024/25, while the proportion of pan-energy and smart home branches will collectively increase to 37%/40%, enhancing the stability of the company's profit composition. The bank has raised
DBS Sticks to Their Hold Rating for ENN Energy Holdings (XNGSF)
ENN Energy Holdings Limited's (HKG:2688) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?
Efforts are being made to promote business upgrades. enn energy (02688) released its interim results. The core profit of the domestic basic business increased by 3.08 billion yuan, a year-on-year increase of 9.5%.
enn energy (02688) released its interim results for the six months ended June 30, 2024, during which the group achieved...
enn energy (02688.HK): The revenue in the first half of the year reached RMB 54.587 billion, and the interim dividend is planned to be HKD 0.65 per share.
Gelonghui on August 23rd, enn energy (02688.HK) announced that in the first half of 2024, the group's natural gas retail volume reached 12.71 billion cubic meters, a year-on-year increase of 4.5%; pan-energy business sales volume reached 19.74 billion kilowatt hours, a year-on-year increase of 26.0%; smart home business gross profit increased by 23.0%. The group continues to optimize its profit structure, with the continuous business gross profit of natural gas sales, pan-energy business, smart home business, etc. accounting for an increasing percentage of 8.6% to 87.3%, and the core profit of domestic basic business growing by 9.5%. At the same time, we are optimizing the domestic and overseas debt structure, reducing overseas.
ENN Energy Balances Challenges With Growth
Express News | ENN Energy Holdings H1 Gross Profit RMB 6,465 Million
Express News | ENN Energy Holdings H1 Net Income RMB 2,573 Million
Express News | ENN Energy - Hy Retail Gas Sales Volume 12,710 Mln Cubic Meters
Express News | ENN Energy - Interim Dividend of HK$0.65 per Share
Express News | ENN Energy Holdings H1 Revenue RMB 54,587 Million
ENN ENERGY: Interim Results Announcement For The Six Months Ended 30 June 2024
ENN Energy (02688.HK) was subject to shareholding reduction by The Capital Group of 1.4947 million shares.
According to the latest equity disclosure information from the HKEX, on August 14, 2024, enn energy (02688.HK) was reduced by The Capital Group Companies, Inc. at an average price of HK$55.2057 per share on the market, with a total reduction of 1.4947 million shares, involving approximately HK$82.5166 million. After the reduction, The Capital Group Companies, Inc.'s latest shareholding was 112,367,072 shares, and its shareholding ratio decreased from 10.07% to 9.9%.
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