As of September 30, 2024, the revenue of Puda Technology for the six months was HKD 162 million, a year-on-year decrease of 52%. Among them, the equipment sales revenue decreased to HKD 72.54 million, while the crude oil product sales revenue increased to HKD 84.67 million. Gross profit decreased to HKD 29.75 million, and the loss for the period widened to HKD 165 million. Management pointed out that the revenue decline was mainly due to the poor photovoltaic industry and project delays. The company made progress in the semiconductor equipment sector, with multiple customer orders for the CUBE/QUADRA single wafer cleaning equipment, and the R&D for LPCVD equipment has been completed. Looking ahead, the company plans to continue its technological innovation and market expansion, with expectations that R&D and fixed costs will continue to optimize. The company holds a reserve of HKD 469 million in unconfirmed orders and is actively expanding its market to acquire new orders.

As of September 30, 2024, the revenue of Puda Technology for the six months was HKD 162 million, a year-on-year decrease of 52%. Among them, the equipment sales revenue decreased to HKD 72.54 million, while the crude oil product sales revenue increased to HKD 84.67 million. Gross profit decreased to HKD 29.75 million, and the loss for the period widened to HKD 165 million. Management pointed out that the revenue decline was mainly due to the poor photovoltaic industry and project delays. The company made progress in the semiconductor equipment sector, with multiple customer orders for the CUBE/QUADRA single wafer cleaning equipment, and the R&D for LPCVD equipment has been completed. Looking ahead, the company plans to continue its technological innovation and market expansion, with expectations that R&D and fixed costs will continue to optimize. The company holds a reserve of HKD 469 million in unconfirmed orders and is actively expanding its market to acquire new orders.