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New Energy Revitalizes China's Coal-mining Subsidence Areas
he former coal mining hub in North China's Shanxi province, which was once abandoned and shrouded in silence, is now buzzing with machines and workers bracing the cold winds.
Witness GCL New Energy (00451)'s transformation moment
On March 25, GCL New Energy announced its 2023 annual results.
GCL New Energy (00451.HK)'s business performance in 2023 exceeded expectations. Fundamental improvements were outstanding, and highlights gradually increased
1. Net cash recovered from the sale of photovoltaic assets of 1.6 billion yuan, and revenue from operation and maintenance business increased sharply by 50% year-on-year. On March 25, GCL New Energy announced its 2023 annual results. Total revenue for the year was RMB 832 million (same unit). During the year, losses decreased by more than 25%, and net loss due to mother also recorded a book loss of more than 22%. Among them, revenue from PV power plant operation and management services was 228 million yuan, which once again achieved rapid growth on the basis of 152 million yuan in the same period in 2022 (90.9% year-on-year increase in 2022), and recorded a 50% business growth rate in 2023. Currently, GCL New Energy continues to
GCL New Energy (00451) achieved revenue of 832 million yuan in 2023, and the debt ratio dropped significantly to 23.2%
GCL New Energy (00451) announced its 2023 results, with revenue of about 832 million yuan and gross profit of about 380 million yuan,...
GCL NEWENERGY: PRELIMINARY ANNOUNCEMENT OF FINAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2023
Changes in Hong Kong stocks | PV stocks reversed the market, fully guarantee renewable energy electricity, and new acquisition regulations were implemented in April, and green power operators are expected to benefit
PV stocks reversed the market. As of press release, GCL Technology (03800) rose 7.97% to HK$1.49; Follett Glass (06865) rose 6.59% to HK$20.7; Rainbow New Energy (00438) rose 6.21% to HK$3.08; and GCL New Energy (00451) rose 4.17% to HK$0.375.
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