DETAI NEWENERGY (00559) Announces Profit Growth; Estimated annual net profit of approximately HK$30 million to HK$35 million.
DeTai New Energy Group (00559) issued an announcement, the group expects to achieve by the end of the year ending June 30, 2025...
DETAI NEWENERGY (00559) has announced that the group is expected to achieve a net profit of between HK$30 million and HK$35 million for the year ending June 30, 2025, while the net loss for the year ending June 30, 2024 is approximately HK$71 million. The net profit is mainly attributed to the fair value change gain of financial assets recorded at fair value, which amounts to approximately HK$35 million.
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