Beijing SinoHytec Reports Significant Q3 Loss Amid Increased R&D Focus
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Beijing SinoHytec Co., Ltd. (HK:2402) reported a significant Q3 loss for 2025, with operating income down 80.60% year-over-year and a net loss attributable to shareholders. The company also saw a decrease in total assets and owner’s equity. Despite these challenges, R&D investment as a proportion of operating income increased, reflecting a commitment to innovation. Adjustments in accounting for government grants affected net profit calculations. The company focuses on hydrogen fuel cell systems and aims to support the clean energy transition. Current market cap is HK$7.68B with a strong buy sentiment.
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