HCFA's net loss for the year 2024 is 157 million yuan
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HCFA released its 2024 annual performance report, reporting an operating income of 815 million yuan during the reporting period, a year-on-year decrease of 26.99%; the net loss attributable to the parent company's owners was 157 million yuan. The main reasons include a decline in revenue from core business, an increase in period expenses, and an increase in asset impairment. The saturation of production capacity in the photovoltaic industry led to a decrease in sales, while the company increased investment in marketing and research and development, resulting in a reduction in net profit
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