Xinte Energy Reports 37.74% Revenue Decline for H1 2025
Reuters
Aug 29
<a href="https://laohu8.com/S/01799">Xinte Energy</a> Reports 37.74% Revenue Decline for H1 2025
Xinte Energy Co. Ltd. has released its interim results for the six months ended 30 June 2025. The company reported a significant decline in its operating revenue, amounting to RMB7,310.83 million, which represents a decrease of 37.74% compared to the corresponding period in 2024. The net profit from continuing operations was recorded at a loss of RMB307.36 million, improving from a loss of RMB847.82 million in the previous year. The net profit attributable to owners of the parent company showed a loss of RMB256.29 million, compared to a loss of RMB887.02 million from the prior period. The financial report also highlighted a net other comprehensive income after tax of RMB31.29 million, up from RMB0.51 million in the previous year. The Board did not recommend the declaration of any interim dividend for the reporting period. The company has also disclosed separately the electrical equipment segment in its financial reporting for better clarity.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Xinte Energy Co. Ltd. published the original content used to generate this news brief on August 29, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.