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<Results>XINYI SOLAR Interim NP RMB746M, Down 58.8% YoY; Interim DPS RMB4.2 Cents
Recommend 3 Positive 9 Negative 9 |
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XINYI SOLAR (00968.HK) announced its interim results ended June 2025. The turnover declined 6.5% YoY to RMB10.932 billion. The net profit amounted to RMB746 million, down 58.8% YoY. Net profit margin decreased to 6.8% for the 1H25 from 15.5% for the 1H24, mainly due to the decrease in the profit margin of the solar glass business and impairment losses on solar glass production facilities, which was partially mitigated by the reduced operating expenses, finance costs and income tax expenses. EPS was RMB8.21 cents. An interim DPS of RMB4.2 cents was declared against a dividend of RMB10 cents in the corresponding period of the previous year. AAStocks Financial News |
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