Xinyi Energy's Profit Down 30% in H1

MT Newswires Live07-31

Xinyi Energy Holdings (HKG:3868) saw a 30% decline in attributable profit for the six months ended June 30 to HK$394.5 million from HK$566.9 million a year prior, a Wednesday filing on the Hong Kong bourse said.

Earnings per share stood at HK$0.0478 during the interim period, down from HK$0.0748 in fiscal H1 2023.

Revenue for the power company fell by 5.4% to HK$1.22 billion in fiscal H1 from HK$1.29 billion during the year-ago period.

The company has proposed an interim dividend of HK$0.023 for the six months ended June 30.

Shares of the company closed over 1% higher on Wednesday.

Price (HKD): $0.89, Change: $+0.01, Percent Change: +1.14%

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.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2455393121?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-07-31 21:14","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2455393121","market":"hk","top_or_hot":-1,"title":"Xinyi Energy's Profit Down 30% in H1","media":"MT Newswires Live","content":"<html><body><p> Xinyi Energy Holdings (HKG:3868) saw a 30% decline in attributable profit for the six months ended June 30 to HK$394.5 million from HK$566.9 million a year prior, a Wednesday filing on the Hong Kong bourse said.</p><p>Earnings per share stood at HK$0.0478 during the interim period, down from HK$0.0748 in fiscal H1 2023.</p><p>Revenue for the power company fell by 5.4% to HK$1.22 billion in fiscal H1 from HK$1.29 billion during the year-ago period.</p><p>The company has proposed an interim dividend of HK$0.023 for the six months ended June 30.</p><p>Shares of the company closed over 1% higher on Wednesday.</p><p>Price (HKD): $0.89, Change: $+0.01, Percent Change: +1.14%</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Xinyi Energy's Profit Down 30% in H1</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nXinyi Energy's Profit Down 30% in H1\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-07-31 21:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.mtnewswires.com/><strong>MT Newswires Live</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Xinyi Energy Holdings (HKG:3868) saw a 30% decline in attributable profit for the six months ended June 30 to HK$394.5 million from HK$566.9 million a year prior, a Wednesday filing on the Hong Kong ...</p>\n\n<a href=\"https://www.mtnewswires.com/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1554","symbol_name":"光伏太阳能股","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2455393121","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2455393121","pubTimestamp":1722431683,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Xinyi Energy Holdings  saw a 30% decline in attributable profit for the six months ended June 30 to HK$394.5 million from HK$566.9 million a year prior, a Wednesday filing on the Hong Kong bourse said.Earnings per share stood at HK$0.0478 during the interim period, down from HK$0.0748 in fiscal H1 2023.Revenue for the power company fell by 5.4% to HK$1.22 billion in fiscal H1 from HK$1.29 billion during the year-ago period.The company has proposed an interim dividend of HK$0.023 for the six months ended June 30.Shares of the company closed over 1% higher on Wednesday.Price : $0.89, Change: $+0.01, Percent Change: +1.14%","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1554":"光伏太阳能股","BK4526":"热门中概股","BK4588":"碎股","BK1583":"高瓴概念","BK4023":"应用软件","03868":"信义能源","BK1154":"新能源发电业者","BK4585":"ETF&股票定投概念","BK1594":"碳中和概念股","HKD":"尚乘数科"},"translate_title":"信义能源上半年利润下降30%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HKD":1,"03868":0.9},"content_text":"Xinyi Energy Holdings (HKG:3868) saw a 30% decline in attributable profit for the six months ended June 30 to HK$394.5 million from HK$566.9 million a year prior, a Wednesday filing on the Hong Kong bourse said.Earnings per share stood at HK$0.0478 during the interim period, down from HK$0.0748 in fiscal H1 2023.Revenue for the power company fell by 5.4% to HK$1.22 billion in fiscal H1 from HK$1.29 billion during the year-ago period.The company has proposed an interim dividend of HK$0.023 for the six months ended June 30.Shares of the company closed over 1% higher on Wednesday.Price (HKD): $0.89, Change: $+0.01, Percent Change: +1.14%","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2455393121"}