TECHNOVATOR (01206) Issues Profit Warning, Expects Interim Loss of RMB 7.5-8.5 Million, Down Year-on-Year
Stock News
Aug 19, 2025
TECHNOVATOR (01206) announced that the group expects to record a loss of approximately RMB 7.5 million to RMB 8.5 million for the six months ended June 30, 2025, compared to a loss of approximately RMB 71.9 million for the six months ended June 30, 2024. The reduced loss for the six months ended June 30, 2025, was primarily due to significant implementation progress made in multiple smart energy sector projects, which have higher gross profit margin levels, thereby driving improvements in the group's overall revenue and gross profit.
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