Hainan Drinda New Energy Reports Annual Net Loss of 1.42 Billion Yuan, Widening by 139.51%

Stock News03-30

Hainan Drinda New Energy Technology Co.,Ltd. (02865) announced its financial results for the fiscal year ended December 31, 2025. The group recorded revenue of 7.598 billion yuan, representing a decrease of 23.44% compared to the previous year. The annual net loss attributable to shareholders was 1.416 billion yuan, which widened significantly by 139.51% year-on-year. The basic loss per share was 5.27 yuan.

According to the announcement, the decline in revenue was primarily due to a decrease in earnings generated from Mainland China. This reduction was mainly attributed to a drop in sales volume of photovoltaic cells and lower market prices. The decrease was partially offset by a substantial increase in revenue from regions outside Mainland China. This reflects the group's strategic shift towards a globalized approach, including expansion into overseas markets, development of an international sales network, and enhancements to its global customer service capabilities.

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