Xinyi Electric Storage (08328) announced 2026 interim results, with losses attributable to shareholders of HK$27.63 million

According to the Zhitong Finance App, Xinyi Power Storage (08328) announced results for the six months ended June 30, 2026, with revenue of HK$415 million, a year-on-year decrease of 13.1%; loss attributable to company owners was HK$27.63 million, profit of HK$4.708 million for the same period last year; basic loss per share was HK3.52 cents.

The decrease in profitability during the period was mainly due to losses on the sale of certain raw materials and other production tools related to the photovoltaic film business and net exchange losses confirmed in reconversion of certain bank loans denominated in RMB.