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Understand the 2023 performance of Shangao New Energy (1250.HK)
Understand the 2023 performance of Shangao New Energy (1250.HK)
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.
Shangao New Energy (01250.HK) announced annual results: net profit surged 46.5% to HK$378 million, with cash and cash equivalents reaching HK$4.892 billion
Gelonghui March 26 | Shangao New Energy (01250.HK) announced its annual results. For the year ended December 31, 2023, the Group achieved revenue of approximately HK$4.963 billion. The Group focuses on the main energy industry, and the business structure continues to be optimized. The share of power generation business has increased, and the share of revenue from non-power generation businesses has decreased. The annual profit was approximately HK$387.5 million, an increase of about 71.6% over last year. Profit attributable to the company's equity holders was approximately HK$378.2 million, an increase of about 46.5% over last year. Basic earnings per share were HK16.83 cents. According to the announcement, the increase in profit was mainly due to: (i) The Group's focus on new
Shangao New Energy (01250) announced annual results, profit attributable to shareholders of HK$378 million increased 46.45% year over year
Shangao New Energy (01250) announced its annual results for the year ended December 31, 2023. The group...
SDHS NEW ENERGY: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2023
New energy+big data, Shangao New Energy (1250.HK) and Century Internet join hands to lay out a green computing power project in Ulanqab
On March 15, Shangao New Energy Group Co., Ltd. (1250.HK, hereinafter referred to as “Shangao New Energy”) and Century Internet officially signed a big data and new energy framework agreement with the Ulanqab Municipal Government.
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