SINOHYTEC (02402) released its 2024 annual performance report, with a net loss attributable to shareholders of 453 million yuan, an 86.35% increase year-on-year.

SINOHYTEC (02402) released its 2024 annual performance report, with total revenue of 367 million yuan, a decrease of 54.21% year-on-year. The net loss attributable to the owners of the listed company was 453 million yuan, an increase of 86.35% year-on-year; the basic loss per share was 1.96 yuan. During the reporting period, the company's operating income decreased by 54.21% compared to the same period of the previous year, mainly due to the complex and severe macroeconomic environment and the fact that the fuel cell industry is still in its early stages of industrialization, leading to a decline in sales of the company's fuel cell systems.