CDT Environmental Technology Reports 2024 Unaudited Interim Financial Results and Provides Business Updates
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CDT Environmental Technology reported its 2024 unaudited interim financial results, showing revenue of $12.7 million and earnings per share of $0.14. The results were impacted by reduced project activity due to a slowdown in the PRC economy.
December 27, 2024 | 1:45 pm
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CDT Environmental Technology's 2024 interim financial results show a revenue of $12.7 million and EPS of $0.14, affected by reduced project activity due to a slowdown in the PRC economy.
The reported financial results indicate a decline in project activity due to the PRC economic slowdown, which negatively impacts CDT's revenue and earnings per share. This is likely to affect investor sentiment and could lead to a short-term decrease in stock price.
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IMPORTANCE 80
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