Zensun Enterprises Faces Dramatic Revenue Drop

Zensun Enterprises Limited (HK:0185) has released an update.

Zensun Enterprises Limited has reported a significant downturn in their financial performance for the first half of 2024, with revenues plummeting by 96.9% to around RMB183.9 million and losses surging to approximately RMB1.6 billion, a steep 326.5% increase from the previous year. The basic loss per share has also sharply risen to RMB83.5 cents, reflecting the company’s escalating financial challenges.

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