Comtec Solar Group Limited ("Comtec Solar") announced its interim results for the six months ended June 30, 2024. During the period, the company's revenue increased significantly by 462%, reaching approximately RMB 86.7 million, but gross profit decreased by 25.4% to approximately RMB 36 million. The company incurred a net loss of approximately RMB 25.3 million, mainly due to the absence of one-off net income from the sale of Shanghai investment properties in the same period of the previous year. The loss per share was RMB 2.50. Despite the loss, the company's financial position has improved, with total liabilities decreasing and the asset-liability ratio reduced from 2.5 to 2.1. The company continues to invest in new energy storage technologies, including flywheel storage and lithium iron phosphate mixed storage systems, and collaborates with new investors through share subscription activities. The company also plans to acquire a logistics cloud technology platform company to enhance its business and profitability. The Board of Directors did not declare an interim dividend.

Comtec Solar Group Limited ("Comtec Solar") announced its interim results for the six months ended June 30, 2024. During the period, the company's revenue increased significantly by 462%, reaching approximately RMB 86.7 million, but gross profit decreased by 25.4% to approximately RMB 36 million. The company incurred a net loss of approximately RMB 25.3 million, mainly due to the absence of one-off net income from the sale of Shanghai investment properties in the same period of the previous year. The loss per share was RMB 2.50. Despite the loss, the company's financial position has improved, with total liabilities decreasing and the asset-liability ratio reduced from 2.5 to 2.1. The company continues to invest in new energy storage technologies, including flywheel storage and lithium iron phosphate mixed storage systems, and collaborates with new investors through share subscription activities. The company also plans to acquire a logistics cloud technology platform company to enhance its business and profitability. The Board of Directors did not declare an interim dividend.