Golden Solar Reports Decreased Semi-Annual Profits

Golden Solar New Energy Technology Holdings Limited (HK:1121) has released an update.

Golden Solar New Energy Technology Holdings Limited has reported a loss for the six-month period ending June 30, 2024, with revenue falling to RMB 127,481,000 from RMB 155,516,000 in the previous year. The company’s gross profit also dropped significantly to RMB 13,267,000, compared to RMB 25,230,000 in 2023. This financial downturn is reflected in an increased loss per share from RMB 0.073 to RMB 0.087.

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