ReTo(US:RETO) Jin Rong Jie·2025-04-29 14:13Core Insights - The stock price of Retu Eco (RETO) increased by 3.53% to $3.52 per share, with a total market capitalization of $26.9769 million as of April 29 [1] - For the fiscal year ending June 30, 2024, Retu Eco reported total revenue of $1.8386 million, representing a year-over-year growth of 49.02%, while the net profit attributable to shareholders was -$678,500, showing a significant year-over-year improvement of 93.95% [1] Company Overview - Retu Eco specializes in the production and sale of eco-friendly building materials made from solid waste, as well as equipment for producing these materials [2] - The company provides consulting, design, and project implementation services for urban ecological environment construction, including sponge city projects [2] - Retu Eco offers comprehensive solutions such as engineering support, technical consulting, and after-sales service for manufacturers of eco-friendly building materials and environmental projects [2] Product and Market Position - The eco-friendly building materials developed by Retu Eco can replace over 70% of aggregates with fly ash or iron tailings, and they consume less energy compared to traditional building materials [2] - The company's focus on recycling solid waste contributes to environmental protection by reducing land occupation and aiding in the ecological restoration of polluted sites and abandoned mines [2] - There is a growing demand for Retu Eco's eco-friendly building materials, driven by increasing governmental and public emphasis on environmental protection, with advantages in permeability and price competitiveness over traditional materials [2] Global Reach - Retu Eco has established a global sales and service network, with customers across mainland China and exports to countries including Canada, the United States, Mongolia, the Middle East, India, South Asia, North Africa, and Brazil [2]