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Golden Solar Reports 2024 Financial Results with Reduced Losses

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Golden Solar Reports 2024 Financial Results with Reduced Losses

Confident Investing Starts Here:

The latest update is out from Golden Solar New Energy Technology Holdings Limited ( (HK:1121) ).

Golden Solar New Energy Technology Holdings Limited reported its audited consolidated results for the year ended 31 December 2024, showing a decrease in revenue from RMB 295,348,000 in 2023 to RMB 253,514,000 in 2024. The company experienced a net loss of RMB 277,407,000, which is a slight improvement from the previous year’s loss of RMB 326,380,000. The results indicate ongoing challenges in managing costs and improving profitability, which may impact its market position and stakeholder confidence.

More about Golden Solar New Energy Technology Holdings Limited

Golden Solar New Energy Technology Holdings Limited is a company incorporated in the Cayman Islands, focusing on the new energy sector. It is involved in the production and distribution of solar energy technology products.

YTD Price Performance: -5.33%

Average Trading Volume: 594,353

Technical Sentiment Signal: Buy

Current Market Cap: HK$3.86B

Learn more about 1121 stock on TipRanks’ Stock Analysis page.

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