Xinte Energy's Losses Narrow in 2025; Shares Up 4%

MT Newswires Live04-29

Xinte Energy (HKG:1799) recorded 1.21 billion yuan in attributable loss in 2025, narrowing from a loss of 3.90 billion yuan a year earlier, according to a Hong Kong bourse filing Tuesday.

The renewable energy company's shares were up nearly 4% in late morning trade Wednesday.

Loss per share was 0.84 yuan, compared with 2.73 yuan in the prior year.

Revenue fell 28% year on year to 15.25 billion yuan, figures showed.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment