ReTo(US:RETO) Jin Rong Jie·2025-07-14 15:37Core Insights - RETO's stock price increased by 10.03% to $2.63 per share, with a total market capitalization of $20.15 million as of July 14 [1] - The company reported total revenue of $1.829 million for the year ending December 31, 2024, representing a significant year-over-year growth of 16,864.81%, while the net profit attributable to shareholders was -$8.3527 million, reflecting a 46.6% increase compared to the previous year [1] Financial Performance - Total revenue for 2024 is projected at $1.829 million, showing a dramatic increase of 16,864.81% year-over-year [1] - The net profit attributable to shareholders is forecasted at -$8.3527 million, which is a 46.6% increase compared to the previous year [1] Upcoming Events - RETO is scheduled to release its Q1 2025 financial report on August 14, with the actual disclosure date subject to company announcements [2] Business Focus - The company specializes in producing and selling eco-friendly building materials made from solid waste, as well as providing equipment for the production of these materials [2] - RETO offers consulting, design, and project implementation services for urban ecological environment construction, including sponge city projects [2] - The company’s products can replace over 70% of aggregates with fly ash or iron tailings, and they consume less energy compared to traditional building materials [2] Market Position - RETO's eco-friendly building materials are in high demand due to increasing government and public focus on environmental protection, with advantages in permeability and price competitiveness over traditional materials [2] - The company has established a global sales and service network, with clients in mainland China and exports to countries including Canada, the United States, Mongolia, the Middle East, India, South Asia, North Africa, and Brazil [2]