Central New Energy Holding Group (01735.HK) saw its stock price surge 5.08% in early trading on Tuesday, following the release of its impressive full-year financial results after market close on Monday. The company's strong performance across key metrics has bolstered investor confidence in its growth trajectory.
According to the financial report, Central New Energy achieved a revenue of HKD 6,032 million for the fiscal year. The company's net income attributable to shareholders reached HKD 106.4 million, while its basic earnings per share (EPS) stood at HKD 0.0252. These solid top-line and bottom-line figures demonstrate the company's ability to generate substantial returns for its shareholders.
Further highlighting its operational efficiency, Central New Energy reported an EBITDA of HKD 239.9 million and a gross profit of HKD 127.8 million. The company's overall net income for the year was HKD 54.1 million. These robust financial indicators suggest that Central New Energy has maintained a strong market position and operational effectiveness, which has evidently resonated well with investors, as reflected in the significant stock price increase.
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