CHINANEWENERGY (01156) Reports Interim Results with Attributable Loss of HK$7.852 Million, Up 184.49% Year-on-Year
Stock News
Aug 26, 2025
CHINANEWENERGY (01156) announced its interim results for 2025, reporting revenue of HK$23.57 million, representing a 35.57% decline year-on-year. The company recorded a loss attributable to owners of HK$7.852 million, marking a 184.49% increase compared to the same period last year. Loss per share stood at HK$0.013.
According to the announcement, the loss during the reporting period was primarily attributable to fewer sales contracts secured by the company. The increased loss compared to the previous year was mainly due to declining revenue, reduced gross profit margins, and a decrease in the company's share of results from associate companies.
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