Market Insight

2024.07.10 10:04

Market News XINTE ENERGY (01799) expects to swing to loss in 1H

(Infocast News) XINTE ENERGY (01799) issued a profit warning. The Group is expected to record an unaudited net loss attributable to the shareholders of the Company in the range of RMB780 million to RMB950 million forthe First Half of 2024, as compared to the net profit attributable to the shareholders of the Company of RMB4.759 billion recorded in the corresponding period of 2023. (WL)