China Anchu Energy Posts Increased Six-Month Losses

China Anchu Energy Storage Group Ltd (HK:2399) has released an update.

China Anchu Energy Storage Group Ltd has reported a loss for the six-month period ending June 30, 2024, with a larger deficit than the previous year, as indicated by their unaudited interim financial results. Revenue has decreased from the previous year, and the company has experienced a net loss attributable to equity holders, as well as a basic and diluted loss per share increase. The report also reflects comprehensive expenses, including exchange differences on the translation of financial statements of subsidiaries outside the mainland of China.

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