Sanergy Group Ltd. Reports 26% Revenue Decline and 32% Reduction in Net Loss for 1H2025

Reuters
Aug 29
Sanergy Group Ltd. Reports 26% Revenue Decline and 32% Reduction in Net Loss for 1H2025

Sanergy Group Ltd. has announced its unaudited consolidated results for the six months ended 30 June 2025. The company reported a significant decrease in revenue, which fell from $32.1 million in the same period of 2024 to $23.8 million in 2025. Despite this decline, the company successfully turned around its gross loss from the previous year, achieving a gross profit of $2.5 million compared to a gross loss of $8.1 million in 2024. This improvement resulted in a gross profit margin of 10.4%, up from a negative 25.3% margin in the prior period. The adjusted net loss for the period was $4.9 million, a substantial improvement from the $15.0 million loss recorded in 2024. Additionally, Sanergy Group reported an adjusted EBITDA profit of $92,000, contrasting with a loss of $13.0 million in the same period of the previous year. The turnaround in gross profit was largely attributed to the group's strategic focus on optimizing the production ratio between its lower-cost factory in the People's Republic of China and its higher-cost facility in Italy. No specific outlook or guidance for future periods was provided in the announcement.

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