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Perennial Energy's 2024 Profit Slides 13% as Revenue Stays Nearly Flat
PER ENERGY (02798.HK) is expected to generate approximately 1.706 billion yuan in revenue for 2024, a decrease of about 0.6% year-on-year.
Gelonghui reported on March 18 that PER ENERGY (02798.HK) announced its annual results for the year ending December 31, 2024, with revenues of approximately 1.706 billion RMB, a year-on-year decrease of about 0.6%. The total profit and comprehensive income for the year amounted to approximately 0.44 billion RMB, a year-on-year decrease of about 12.7%. The basic earnings per share were approximately 27.51 cents RMB (2023: 31.51 cents RMB). It is not recommended to declare a final dividend for the year ending December 31, 2024 (2023: 5.0 Hong Kong cents per share). During the review year, the construction industry performed weakly.
Express News | Perennial Energy Holdings FY Gross Margin 51.9%
Express News | Perennial Energy Holdings FY Gross Profit RMB 885.1 Million
Express News | Perennial Energy Holdings FY Net Income RMB 440.2 Million
Express News | Perennial Energy Holdings FY Revenue RMB 1,706.1 Million
