Beijing SinoHytec Co., Ltd. Class H (HK:2402) has released an update.
Beijing SinoHytec Co., Ltd. reported a modest year-on-year revenue growth of 0.21% for the first half of 2024, with total operating income reaching RMB153.84 million. However, the company’s net losses widened significantly, jumping from RMB76.51 million in the previous year to RMB141.49 million, resulting in a loss per share of RMB0.86. The financial report reflects the company’s unaudited interim results and has been reviewed by the audit committee.
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