Changes in Hong Kong stocks | Xinte Energy (01799) is now down more than 5%. Net profit for the first quarter was RMB359 million, down 89.6% year on year

The Zhitong Finance App learned that Xinte Energy (01799) has now fallen by more than 5%. As of press release, it is down 5.74% to HK$8.86, with a turnover of HK$13.5998 million. According to the news, Xinte Energy announced its report for the first quarter ending March, achieving revenue of 5.601 billion yuan, a year-on-year decrease of 44.5%; operating costs of 4.29 billion yuan. Net profit attributable to shareholders was 359 million yuan, down 89.6% year on year. Debon Securities pointed out that at present, the price of silicon has reached the cash costs of most companies, and has even fallen below the cash costs of some companies. Although silicon prices have continued to decline for many weeks,

Zhitong Finance22:11 ET

Shanghai Electric (02727) rose 6.04%, leading the spread of the electricity investment boom in peripheral stock markets

Jinwu Financial News | Power stocks rose collectively in early trading. Shanghai Electric (02727) rose 6.04%, Follett Glass (06865) rose 4.60%, and Dongfang Electric (01072) rose 3.22%. According to the news, Microsoft recently reached an agreement with Brookfield (Brookfield) to jointly develop a 10.5 gigawatt new renewable energy power generation project between 2026 and 2030. The deal is nearly eight times the size of the largest renewable energy contract signed to date. The latter is the largest owner of a nuclear power plant in the US and its stock price has soared over the past year

金吾財訊21:41 ET

We Think Xinyi Solar Holdings (HKG:968) Can Stay On Top Of Its Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's balance sheet when you examine how risky it is, since debt is often involved whe

Simply Wall StMay 3 20:01 ET

[Broker Focus] BOC International cuts Kaisheng Xinneng (01108) target price of 12.78% indicates that the first quarter results are lower than expected

Jinwu Financial News | According to BOC International Development Research Report, Kaisheng Xinneng (01108)'s net loss to mother for the first quarter of 2024 was 0.06 million yuan, down 151% from the previous year, lower than the forecast. The price of photovoltaic glass fell in the first quarter, leading to a 1.7/3.6 percentage point year-over-year drop of 1.7/3.6 percentage points to 8.2%, and the gap with the leader widened. According to the bank, photovoltaic glass was quickly removed from storage in March, driving prices up 3% in April, while prices of soda ash and natural gas fell, driving the industry's profit margin to improve markedly. The industry continued to stock up in the first half of April, but slowly began to accumulate in the second half of the month. The bank expects another oversupply in the second half of the year

金吾財訊May 1 21:05 ET

卡姆丹克太陽能：年度報告2023

Futu NewsApr 30 10:45 ET · Announcements

信義光能：二零二三年年報

Futu NewsApr 30 05:43 ET · Announcements