SFCE announced its interim results, with a loss attributable to shareholders of approximately 210 million yuan, a year-on-year decrease of 3.24%
SFCE announced its mid-term results for 2025, with revenue of 67.485 million yuan, a year-on-year decrease of 18.6%; the loss attributable to shareholders was approximately 210 million yuan, a year-on-year decrease of 3.24%; the loss per share was 4.13 cents. The decrease in revenue was mainly due to a 19.3% reduction in power generation, which affected the production of solar power plants
According to the Zhitong Finance APP, SFCE (01165) announced its mid-term results for 2025, with revenue of RMB 67.485 million, a year-on-year decrease of 18.6%; the loss attributable to the company's owners was approximately RMB 210 million, a year-on-year decrease of 3.24%; and the loss per share was 4.13 cents.
The announcement stated that the decrease in revenue was mainly due to a 19.3% reduction in the confirmed electricity generation (equivalent to 21,228 megawatt-hours). The electricity generation for the same period in 2024 was 109,912 megawatt-hours, while the generation for this period was 88,684 megawatt-hours.
In addition, the solar power stations of the group located in several provinces or regions in China were affected by reduced energy production during this period, leading to a decrease in electricity generation. As a result, the group's revenue from electricity generation in China decreased by approximately RMB 43 million, and the electricity generation recorded an estimated loss of about 55,000 megawatt-hours
