China Titans Energy Reports 7.29% Revenue Decline and RMB29.8 Million Loss for H1 2025 Amid Market Challenges
Reuters
Aug 29
China <a href="https://laohu8.com/S/02188">Titans Energy</a> Reports 7.29% Revenue Decline and RMB29.8 Million Loss for H1 2025 Amid Market Challenges
China Titans Energy Technology Group Co. Ltd. announced its interim results for the six months ended 30 June 2025. The company reported a revenue of approximately RMB137.218 million, a year-on-year decrease of 7.29% compared to RMB148.007 million in the same period of 2024. The company recorded a loss of approximately RMB29.809 million during this period. Gross profit declined from RMB47.276 million in the previous year to RMB35.732 million in 2025. A notable decline was observed in the revenue from the Group's electrical DC products, which decreased by 22.06% year-on-year to RMB46.858 million. This significant drop was attributed to weak industry demand and intensified market competition. Despite these challenges, the Group continues to focus on grid digitalization and intelligent upgrades, expecting performance to improve as market conditions recover. The company also reported a reduction in selling and distribution expenses from RMB32.149 million in 2024 to RMB26.336 million in 2025.
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