China Shuifa Singyes Reports 22.5% Revenue Increase, Posts RMB19.18 Million Loss, EPS Down 16.5%
Reuters
Aug 27
<a href="https://laohu8.com/S/CSSXF">China Shuifa Singyes</a> Reports 22.5% Revenue Increase, Posts RMB19.18 Million Loss, EPS Down 16.5%
China Shuifa Singyes Energy Holdings Ltd. announced its unaudited interim results for the six months ended 30 June 2025. The Group reported a revenue increase to RMB 1.685 billion from RMB 1.376 billion in the same period in 2024. However, the profit before income tax fell significantly to RMB 7.935 million from RMB 36.037 million, and the loss attributable to owners of the Company widened to RMB 19.184 million compared to RMB 16.461 million in 2024. This increased loss was primarily due to a decrease in the overall gross profit margin, which dropped from 32.3% to 21.0%. The revenue growth was driven by the stable operations of self-owned power stations, generating electricity revenue, and the Group's efforts to expand solar and wind energy EPC development projects. The Group has also adjusted its business structure, reducing its traditional glass curtain wall business to mitigate the impact of the real estate market downturn. No purchases, sales, or redemptions of the Company's listed securities occurred during the reporting period.
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