China Environmental Resources (01130) announced interim results for the six months ended December 31, 2023. The group...
According to the Zhitong Finance App, China Environmental Resources (01130) announced interim results for the six months ended December 31, 2023. The group achieved profit of HK$40,558 million during the period, a year-on-year decrease of 5.21%; shareholders' losses of HK$46.091 million, an increase of 1517.8% over the previous year; and a basic loss of HK2.26 cents per share.
According to the announcement, the decline in earnings was mainly due to revenue from the metal recycling business and a decrease in sales of luxury cars and related parts.