IRICO Group New Energy Reports 26% Drop in Revenue and RMB 29.6 Million Net Loss for First Half of 2025; EPS at -1.6770 RMB

Reuters

Sep 25

IRICO Group New Energy Reports 26% Drop in Revenue and RMB 29.6 Million Net Loss for First Half of 2025; EPS at -1.6770 RMB

IRICO Group New Energy Co. Ltd. reported its interim results for the first half of 2025, posting sales of RMB 1.519 billion, down 25.5% from RMB 2.039 billion in the same period of 2024. The company recorded a net loss of RMB 295.70 million for the period, compared to a net profit of RMB 4.19 million in the previous year. Total comprehensive loss attributable to shareholders was RMB 357.96 million, compared to comprehensive income of RMB 6.32 million in the first half of 2024. IRICO Group's total assets as of June 30, 2025, stood at RMB 8.89 billion, up from RMB 8.78 billion at the end of December 2024. Total liabilities increased to RMB 7.77 billion from RMB 7.30 billion over the same period. The company stated that it will continue to focus on its core business of photovoltaic glass, with an emphasis on cost reduction, efficiency improvement, and expanding R&D, mass production, and sales of high-value-added products to strengthen its competitiveness.

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. IRICO Group New Energy Co. Ltd. published the original content used to generate this news brief on September 25, 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.

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Ltd. reported its interim results for the first half of 2025, posting sales of RMB 1.519 billion, down 25.5% from RMB 2.039 billion in the same period of 2024. The company recorded a net loss of RMB 295.70 million for the period, compared to a net profit of RMB 4.19 million in the previous year. Total comprehensive loss attributable to shareholders was RMB 357.96 million, compared to comprehensive income of RMB 6.32 million in the first half of 2024. IRICO Group's total assets as of June 30, 2025, stood at RMB 8.89 billion, up from RMB 8.78 billion at the end of December 2024. Total liabilities increased to RMB 7.77 billion from RMB 7.30 billion over the same period. The company stated that it will continue to focus on its core business of photovoltaic glass, with an emphasis on cost reduction, efficiency improvement, and expanding R&amp;D, mass production, and sales of high-value-added products to strengthen its competitiveness.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>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. IRICO Group New Energy Co. Ltd. published the original content used to generate this news brief on September 25, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1554","symbol_name":"光伏太阳能股","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250925:nNDL1kckC8:1","article_id":"2570549098","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2570549098","pubTimestamp":1758793518,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"IRICO Group New Energy Co. Ltd. reported its interim results for the first half of 2025, posting sales of RMB 1.519 billion, down 25.5% from RMB 2.039 billion in the same period of 2024. The company recorded a net loss of RMB 295.70 million for the period, compared to a net profit of RMB 4.19 million in the previous year. Total comprehensive loss attributable to shareholders was RMB 357.96 million, compared to comprehensive income of RMB 6.32 million in the first half of 2024. IRICO Group's total assets as of June 30, 2025, stood at RMB 8.89 billion, up from RMB 8.78 billion at the end of December 2024. Total liabilities increased to RMB 7.77 billion from RMB 7.30 billion over the same period. 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The company recorded a net loss of RMB 295.70 million for the period, compared to a net profit of RMB 4.19 million in the previous year. Total comprehensive loss attributable to shareholders was RMB 357.96 million, compared to comprehensive income of RMB 6.32 million in the first half of 2024. IRICO Group's total assets as of June 30, 2025, stood at RMB 8.89 billion, up from RMB 8.78 billion at the end of December 2024. Total liabilities increased to RMB 7.77 billion from RMB 7.30 billion over the same period. The company stated that it will continue to focus on its core business of photovoltaic glass, with an emphasis on cost reduction, efficiency improvement, and expanding R&D, mass production, and sales of high-value-added products to strengthen its competitiveness.\n      \n\nDisclaimer: 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. IRICO Group New Energy Co. Ltd. published the original content used to generate this news brief on September 25, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-2","news_tag":"dataReport,express","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}