CF Energy's Q3 revenue rose 3%, but net profit fell 44%, amid mixed financial results for 2024.

CF Energy, a Chinese energy provider, reported mixed financial results for Q3 and the first nine months of 2024. Q3 revenue rose 3% to RMB 126 million (CAD 23.8 million) but net profit fell 44% to RMB 4.3 million (CAD 0.8 million). For the nine months, revenue increased 16% to RMB 376.4 million (CAD 71.1 million), while gross profit dropped 12% and net profit fell 79%.

November 28, 2024
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