KONG SUN HOLD Reports 2025 Results: Shareholder Loss Narrows to 215 Million Yuan

Stock News
Mar 27

KONG SUN HOLD (00295) announced its 2025 financial results. Revenue from continuing operations was approximately 321 million yuan, a decrease of 18.21% compared to the previous year. The loss attributable to equity shareholders was approximately 215 million yuan, representing a narrowing of 58.83% year-on-year. The loss per share was 1.44 cents. According to the announcement, the decrease in revenue was primarily due to (i) a reduction in income from solar power plant operation and maintenance services following the sale of a 60% equity stake in a business in April 2024; and (ii) a decrease in electricity sales revenue.

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