CF Energy Announces Financial Results For The Year ended December 31, 2023
TORONTO, April 29, 2024 (GLOBE NEWSWIRE) — CF Energy Corp. (TSX-V: CFY) (“CF Energy” or the “Company”, together with its subsidiaries, the “Group”), an energy provider in the People’s Republic of China (the ”PRC” or “China”), announces that the Company has filed its audited consolidated financial results for the year ended December 31, 2023
Results for the year ended December 31, 2023
Continuing Operations
In millions
2023
2022
Change
%
2023
2022
Change
(except for % figures)
RMB
RMB
RMB
CAD
CAD
CAD
Continuing Operations
Revenue
434.0
309.2
124.8
40
%
82.8
59.8
23.0
Gross Profit
119.3
105.6
13.7
13
%
22.8
20.4
2.4
Gross Profit Margin
27.5
%
34.2
%
-6.7
%
Net Profit
3.0
7.3
(4.3
)
-59
%
0.6
1.4
(0.8
)
Adjusted...
