Nashuan Energy Technology (01597.HK) expects its losses in the first half of the year to decrease by approximately 59%.

date
14/08/2026
Zhito Finance APP news, Naquan Energy Technology (01597.HK) announced that the group expects to incur a net loss of approximately RMB 9.5 million for the six months ending June 30, 2026, compared to a net loss of about RMB 23.5 million for the six months ending June 30, 2025, representing a decrease in loss of approximately 59%. The difference is mainly attributable to (i) the group has streamlined and optimized its personnel structure; (ii) the group's revenue during the reporting period remained stable compared to the revenue for the six months ending June 30, 2025. As mentioned above, the group's overall operating costs and expenses have decreased, thereby narrowing the loss for the group during the reporting period.