SOLARTECH INT'L (01166) announced its interim performance, with a net loss attributable to shareholders of 26.226 million Hong Kong dollars, a year-on-year decrease of 55.4%.

SOLARTECH INT'L (01166) released its six-month performance ending December 31, 2024, with a revenue of HK$299.7 million, a decrease of 47.2% year-on-year. The attributable loss for the company's owners was HK$26.226 million, a decrease of 55.4% year-on-year, with a basic loss per share of HK$0.22. In terms of business segments, the revenue for wire and cable was approximately HK$92.846 million, a decrease of around 20.6% year-on-year, accounting for approximately 31.0% of the total group revenue; the revenue for copper rod business was approximately HK$196 million, a decrease of around 55.9% year-on-year, accounting for approximately 65.5% of the total group revenue; the revenue for leasing business was approximately HK$10.584 million, an increase of around 88.9% year-on-year, accounting for approximately 3.5% of the total group revenue.