CM Energy Tech's (HKG:206) Soft Earnings Don't Show The Whole Picture
Shareholders appeared unconcerned with CM Energy Tech Co., Ltd.'s (HKG:206) lackluster earnings report last week. We did some digging, and we believe the earnings are stronger than they seem. SEHK
Huashang Energy (00206.HK): Huashang Xia Geng won a gold medal in the 3rd TERA-Award Smart Energy Innovation Competition
Gelonghui, April 24 | Huashang Energy (00206.HK) announced that the relevant group will inject RMB 58.19 million into Huashangxia Hydrogen Energy Technology (Xiamen) Co., Ltd. (“Huashangxia Geng”) in cash. As of the date of this announcement, the company held approximately 42% of Huashangxia Geng's shares. On April 22, 2024, Huashang Xia Geng's “Off-grid High-Performance Alkaline Hydrogen Production Equipment R&D and Industrialization” project won the highest gold medal and 1 million US dollars in the 3rd Tera-Award Smart Energy Innovation Competition. The “Off-grid High-Performance Alkaline Hydrogen Production Equipment R&D and Industrialization” project is committed to achieving low
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CM Energy Tech's 2023 Profit Plunges 63%
CM Energy Tech's (HKG:0206) attributable profit plunged 63.3% to $9.5 million, or $0.003 per share, in 2023, from $25.9 million, or $00.0082 per share, in 2022, according to a Monday filing with the H
Huashang Energy (00206.HK): Achieved net profit of about US$9.502 million in 2023
Gelonghui, March 25, 丨 Huashang Energy (00206.HK) announced that for the year ended December 31, 2023, revenue was about US$181.3 million, up 60.4% from 2022; gross profit was US$40.97 million, up 47.8% from 2022; gross margin fell from 24.5% in 2022 to 22.6% in 2023, down 1.9 percentage points from 2022; profit attributable to company owners in 2023 was approximately US$9.502 million, compared to US$258.79 million in 2022 Decreased by 63.3%. 202
Huashang Energy (00206) announced annual results. Profit attributable to shareholders was approximately US$9.502 million, a year-on-year decrease of 63.3%
Huashang Energy (00206) announced its annual results for the year ended December 31, 2023, with revenue of about 1.8...
CM-ENERGY: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2023
Huashang Energy (00206.HK) will hold a board meeting on March 22 to approve the annual results
Gelonghui March 12 | Huashang Energy (00206.HK) announced that the company will hold a board meeting on March 22, 2024 to approve the company's results for the year ended December 31, 2023.
Nation's Demand for Oil Products to Peak Before '25
The domestic demand for petroleum products may peak before 2025, amid China's green energy transition, according to a think tank.
Carbon Dioxide (CO2) Enhanced Oil Recovery (EOR) Market Is Projected to Grow at a CAGR of 4.7% by 2034: Visiongain
Visiongain has published a new report entitled Carbon Dioxide (CO2) Enhanced Oil Recovery (EOR) Market Report 2024-2034: Forecasts by Mechanism (Miscible CO2 Injection, Immiscible CO2 Injection), by Source (Natural
CM Energy Tech Sets Up ESG Committee
CM Energy Tech (HKG:0206) set up an environmental, social, and governance committee effective Tuesday, a same-day filing said. The committee supersedes the compliance committee and will be in charge o
National Energy Administration: Domestic oil and gas production will exceed 390 million tons in 2023, a record high
On January 15, data from the National Energy Administration showed that in 2023, domestic oil and gas production was equivalent to more than 390 million tons, a record high. It maintained a rapid growth trend of 10 million tons for 7 consecutive years, forming a new peak period for production growth.
CM Energy's US Arm Secures $13 Million Contract From Pemex
CM Energy Tech (HKG:0206) said its US-based arm TSC Manufacturing and Supply has secured an equipment modification contract from Petroleos Mexicanos (Pemex). The $13.2 million contract will see TMC up
Huashang Energy (00206.HK): Successfully received a US$163.8 million energy equipment upgrade and operation and maintenance contract order in Mexico
Gelonghui, December 11|Huashang Energy (00206.HK) announced that under the good situation where the company's new energy technology innovation and industrial layout are progressing steadily, based on deep industry accumulation, Huashang Energy's traditional business is also developing steadily and continues to receive orders. On December 5, 2023, TSC Manufacturing and Supply, LLC (a limited liability company established under the laws of Texas, USA, “TSC”), a wholly-owned subsidiary of Huashang Energy, received Petróleos Mexicanos (Mexican National Stone)
CM Energy Tech Arm to Inject 58 Million Yuan Into JV
CM Energy Tech (HKG:0206) said indirect wholly-owned subsidiary CM Hydrogen Energy Technology (Qingdao) will inject some 58.2 million yuan into its joint venture with Tan Kah Kee Innovation Laboratory
Huashang Energy (00206.HK) plans to inject 58.1897 million yuan into Huashang XiaGeng Hydrogen Energy Technology (Xiamen)
Glonghui November 20丨Huashang Energy (00206.HK) announced that on November 17, 2023, Huashang Hydrogen Energy Technology, an indirect wholly-owned subsidiary of the company, signed a capital injection agreement with Jia Geng Laboratory, Jia Geng Technology, Gao Xiaoping, and the target company (that is, Huashang Xiaogeng Hydrogen Energy Technology (Xiamen) Co., Ltd.). Based on this (including), Huashang Hydrogen Energy Technology has agreed to inject RMB 58.1897 million in cash into the target company. According to the capital injection agreement, Huashang Hydrogen Energy Technology has agreed to inject RMB 58.1897 million in cash into the target company. After completion, Huashang Hydrogen Energy Technology is in the target company
Oil Prices Head for Lowest Close Since August -- WSJ
Oil prices are on track for their lowest close since late summer, in a sign that energy demand has started to wane.
CM-ENERGY: Interim Report 2023
Huashang Energy releases interim results, profit attributable to shareholders of US$4791 million increased by 188.27% year-on-year
Huashang Energy (00206) announced its interim results for the six months ended June 30, 2023. Group revenue was US$92.888 million, up 81.86% year on year; profit attributable to shareholders was US$4.791 million, up 188.27% year on year; and profit of 0.15 US cents per share. The announcement stated that the increase in revenue was mainly due to business development and an increase in order delivery.
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