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Sinoma Energy Saving Co., Ltd. 2024 Semi-Annual Report
Summary of Sinoma Energy Saving Co., Ltd. 2024 Semi-Annual Report
Sinoma Energy Conservation (603126.SH) reported its performance for the first half of the year, with a net income of 33.0158 million yuan, a decrease of 61.48% compared to the previous year.
Sinoma Energy Conservation (603126.SH) released its semi-annual report for 2024, with the company achieving revenue of 1...
Sinoma Energy Conservation (603126.SH): net income of 0.033 billion yuan in the first half of the year, a year-on-year decrease of 61.48%.
Sinoma Energy Conservation (603126.SH) announced its semi-annual report on August 30. During the reporting period, the company achieved revenue of 1.075 billion yuan, a decrease of 26.59% year-on-year, and realized net income attributable to shareholders of 0.033 billion yuan, a decrease of 61.48% year-on-year. The main reason for the decline in company performance is that the equipment manufacturing sector has experienced delays in the initiation of contractual obligations by the owners, and as a result, it was unable to generate income as planned. However, the company's equipment manufacturing sector currently has a high level of contracted orders on hand, with a substantial year-on-year increase.
Sinoma Energy Conservation (603126.SH) signed a €45.87 million overseas contract for a construction project.
Sinoma Energy Conservation (603126.SH) announced that recently, the company ('the contractor') signed an EPC general contract with GENSER Energy Inc. ('the owner') for the 150MW solar-thermal (molten salt heat storage) power generation project in Oman. The project has a total investment of approximately RMB 2.4 billion, and the construction period is 20 months.
Sinoma Energy Conservation (603126.SH): Signs Contract for 5*22MW Waste Heat Power Generation EP in Ghana with GECS.
On August 16th, Gelonhui reported that Sinoma Energy Conservation (603126.SH) signed a Ghana GECS 5*22MW waste heat power generation EP contract with GENSERENERGYCOTED'IVOIRESA (referred to as "GECS" or "employer"). The total amount of the contract for this project is 45,870,825 Euros. The company's announced 2023 annual report shows that the company's revenue for 2023 was RMB 3.067 billion (consolidated caliber, audited). The successful implementation of this project is expected to have a positive impact on the company's overall business performance in the future.
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