Comtec Solar Systems Group Ltd. (HK:0712) has released an update.
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Comtec Solar Systems Group Ltd. reported a substantial revenue increase of 462% for the first half of 2024, reaching RMB86.7 million. However, the company saw a decrease in gross profit by 25.4% and a net loss of RMB25.3 million, mainly due to the absence of a one-off gain from the previous year. Despite these losses, the company improved its gearing ratio and continued to invest in innovative energy storage technology.
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