Comtec Solar Systems Group Ltd. Reports 71% Increase in Revenue for H1 2025; Significant Growth in Solar and Power Storage Segment

Reuters
Aug 29
<a href="https://laohu8.com/S/00712">Comtec Solar</a> Systems Group Ltd. Reports 71% Increase in Revenue for H1 2025; Significant Growth in Solar and Power Storage Segment

Comtec Solar Systems Group Ltd. has released its condensed consolidated financial results for the six months ended 30 June 2025. The company reported a significant increase in revenue, totaling RMB 148.3 million, compared to RMB 86.7 million in the same period of 2024. However, the Group experienced a net loss before taxation of RMB 23.1 million for the first half of 2025, reflecting a wider loss compared to the previous year. The solar and power storage segment contributed RMB 98.8 million to the total revenue, while logistics services generated RMB 49.5 million. Despite the revenue growth, the Group faced challenges in profitability, with a segment loss of RMB 2.2 million and additional unallocated corporate expenses and finance costs impacting the bottom line. The Group did not provide a specific outlook or guidance for future periods in this report.

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