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SFCE (01165.HK) is expected to reduce mid-term losses.
On August 16, Growatt New Energy (01165.HK) announced that it is expected to have a loss of approximately 21.9 million yuan for the six months ending on June 30, 2024, while a loss of approximately 30.8 million yuan will be recorded for the six months ending on June 30, 2023, with the main reasons as follows: (i) the company's other losses decreased by approximately 68 million yuan or about 63% from approximately 108 million yuan in the first half of 2023 to approximately 40 million yuan in the first half of 2024; (ii) the company's financial expenses decreased by approximately 95 million yuan or about 43% from approximately 221 million yuan in the first half of 2023.
Express News | Shunfeng International Clean Energy Sees Hy Gross Profit RMB24 Mln
Express News | Shunfeng International Clean Energy Sees Hy Loss RMB219 Mln
SFCE: PROFIT WARNING - REDUCTION OF LOSS
CSC: Low-carbon transformation of coal-fired power plants increases demand for green hydrogen, focus on electrolyzer going offshore industry chain benefits symbol.
CSC released a research report stating that in July, a low-carbon action plan that includes adding ammonia to fuel was implemented, which will contribute to the demand for green hydrogen starting in 2025.
Thailand To Become Second In Southeast Asia To Tax Carbon Emissions
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