STOCK TITAN
  1. Home
  2. News
  3. CNEY

CN Energy Group Inc - CNEY STOCK NEWS

Welcome to our dedicated news page for CN Energy Group (Ticker: CNEY), a resource for investors and traders seeking the latest updates and insights on CN Energy Group.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect CN Energy Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of CN Energy Group's position in the market.

News
CN Energy Group. Inc. to Present at The Aegis Capital Corp 2024 Virtual Conference
Rhea-AI Summary
CN Energy Group. Inc. (Nasdaq: CNEY) announces CEO's participation in The Aegis Capital Corp 2024 Virtual Conference to discuss current and future plans.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.03%
Tags
conferences
-
News
CN Energy Group Receives Re-order from Water Purification Customer for its Activated Carbon
Rhea-AI Summary
CN Energy Group, Inc. announces a re-order for its high-quality wood-based activated carbon for water purification, highlighting the company's focus on quality, efficiency, and expansion into international markets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
News
CN Energy Group Provides Preliminary Unaudited Financial Information for the First Three Months of Fiscal Year 2024 and Announces an Operations Update
Rhea-AI Summary
CN Energy Group, Inc. (Nasdaq: CNEY) reports preliminary revenue for the first three months of fiscal year 2024, matching revenue for the first six months of fiscal year 2023. The company aims to enhance operations, reduce losses, and achieve profitability through product optimization and innovative commercial strategies. Expected revenue ranges from $21.0M to $22.0M, with a net loss projected between $(1.0M) to $(0.8M). CN Energy Group plans to expand into the U.S. market, focus on cost reduction, invest in marketing and R&D, and explore acquisition opportunities for business growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.36%
Tags
earnings
News
CN Energy Group. Inc. Appoints Steven Berman as the Chief Executive Officer
Rhea-AI Summary
CN Energy Group Inc. appoints Steven Berman as the new CEO, bringing 28 years of leadership experience. The company aims to expand into the semiconductor distribution industry while focusing on wood-based activated carbon production for various industries.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.61%
Tags
management
-
News
CNEY Released Its Audited Financial Results for Fiscal Year 2023
Rhea-AI Summary
CN Energy Group Inc. (CNEY) reported a 44.0% increase in revenue to $57.90 million for Fiscal 2023, driven by a surge in activated carbon sales. Despite the revenue growth, CNEY faced a net loss of $5.6 million, with a loss per share of $0.10 due to a substantial rise in administrative expenses. The company's factory production declined by 56% due to raw material challenges, but total assets grew by 32.7% to $126.20 million. CNEY aims to expand sales channels and customer base, focusing on international markets in fiscal 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.61%
Tags
earnings
-
News
CNEY Will Host a Conference Call on February 16, 2024
Rhea-AI Summary
CN Energy Group. Inc. to discuss second half-year and full-year 2023 financial results in a conference call on February 16, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.04%
Tags
none
News
CNEY Regains Compliance with Nasdaq Minimum Bid Price Requirement
Rhea-AI Summary
CN Energy Group. Inc. (CNEY) received notification from Nasdaq Office of General Counsel that it has regained compliance with the bid price requirement, resulting in the cancellation of the scheduled hearing before the Hearings Panel. The company's Class A ordinary shares will continue to be listed and traded on The Nasdaq Capital Market under the ticker 'CNEY'.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
News
CN Energy Group. Inc. Announces Nasdaq Delisting Notification and Intends to Appeal
Rhea-AI Summary
CN Energy Group. Inc. (NASDAQ: CNEY) received a letter from Nasdaq stating that its securities may be delisted due to non-compliance with the minimum bid price requirement. The company has requested a hearing to appeal the determination, which will stay the suspension of trading and filing of the Form 25-NSE pending the Panel's decision.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
News
CN Energy Group Secures Activated Carbon Order for $1.64 Million
Rhea-AI Summary
CN Energy Group announced that its subsidiary, Hangzhou Fulaisen Science and Technology, closed a RMB 12 million order for activated carbon. The activated carbon offers enhanced absorption capacity, electrical conductivity, and renewability. The collaboration is expected to improve profitability and increase market opportunities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-13.01%
Tags
none
News
CN Energy Group. Inc. Files Financial Results for the First Six Months of Fiscal Year 2023
Rhea-AI Summary
CN Energy Group reports 66.1% increase in revenue for H1 2023, reaching $22.67 million. Net loss of $4.17 million leads to a loss per share of $0.09. Expenditure on R&D increases by 69.5%. Total assets grow by 44.4% to $137.17 million. Expansion into sewage and gas treatment sectors generates additional sales revenue of $6.04 million. Revamped marketing strategy leads to 10,323 tons in new customer sales, totaling $14.75 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.64%
Tags
earnings
Stock CNEY logo
CN Energy Group Inc

Nasdaq:CNEY

CNEY Rankings

N/A Ranked by Market Cap
N/A Ranked by Stock Gains
N/A Ranked by Dividends

CNEY Stock Data

6.12M
2.32M
8.3%
0.26%
1.77%
Other Chemical and Fertilizer Mineral Mining
Mining, Quarrying, and Oil and Gas Extraction
Link
China
Lishui