China Nature Energy Technology Holdings Reports Full Year 2023 Earnings: CN¥0.041 loss per share, a decrease from CN¥0.021 profit in FY 2022

China Nature Energy Technology Holdings Reports Full Year 2023 Earnings: CN¥0.041 loss per share, a decrease from CN¥0.021 profit in FY 2022

China Nature Energy Technology Holdings (HKG:1597) reported its Full Year 2023 Results with key financial results as follows: Revenue increased by 29% to CN¥284.1m compared to FY 2022, while the company experienced a net loss of CN¥10.1m, down 289% from a profit of CN¥5.37m in FY 2022. This resulted in a loss per share of CN¥0.041, a decrease from a profit per share of CN¥0.021 in FY 2022.

Looking at the earnings and revenue history of SEHK:1597 up to March 31st, 2024, the company’s share price has remained relatively stable compared to the previous week. However, there is a warning sign that investors should be aware of when considering China Nature Energy Technology Holdings.

When it comes to valuation, it is important to conduct a thorough analysis to determine if a company is over or undervalued. Simply Wall St provides comprehensive analysis, including fair value estimates, risks and warnings, dividends, insider transactions, and financial health to help investors make informed decisions.

If you have any feedback or concerns about the content of this article, feel free to reach out to the editorial team at Simply Wall St. It is essential to note that the information provided in this article is based on historical data and analyst forecasts and should not be considered financial advice. The analysis aims to offer a long-term perspective driven by fundamental data, taking into account company announcements and qualitative material. Simply Wall St does not hold any positions in the stocks mentioned.

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