China Renewable Energy Investment Projects Over 190% Profit Surge in H1; Shares Rise 17%

MT Newswires Live
Aug 20

China Renewable Energy Investment (HKG:0987) expects to post more than a 190% increase in net profit for the first half of 2025, compared with HK$10.4 million a year earlier, according to a Tuesday Hong Kong bourse filing.

Shares of the renewable energy firm surged nearly 17% in Wednesday afternoon trade.

The company attributed the improvement mainly to stronger wind resources.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10