Zhejiang Sunoren Solar Technology (603105.SH) released its semi-annual report for 2024, during the reporting period the company achieved revenue of 3.39...
According to the 2024 semi-annual report released by Zhejiang Sunoren Solar Technology (603105.SH), the company achieved operating income of 0.339 billion yuan during the reporting period, a year-on-year increase of 2.15%; net profit attributable to the parent company was 0.104 billion yuan, down 4.74% year-on-year; and non-recurring net profit was 97.03 million yuan, a year-on-year decrease of 6.89%; basic earnings per share were 0.21 yuan.
During the reporting period, while the year-on-year increase in revenue was marginal, net profit decreased slightly due to the fact that the company booked financial expenses for convertible bonds at the actual interest rate, which was much higher than the long-term borrowing rate of banks during the same period, resulting in a significant increase in financial expenses.
As of June 30, 2024, the company has accumulated access to over 13 million square meters of rooftop resources, involving more than 1,000 industrial enterprises, with a maximum annual electricity generation capacity of over 1.3 billion kWh.