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Beijing SinoHytec Co., Ltd. Class H ( (HK:2402) ) has issued an update.
Beijing SinoHytec Co., Ltd. has released its third quarterly report for 2025, revealing a significant decline in operating income by 80.60% compared to the same period last year. The company reported a net loss attributable to shareholders, with a notable decrease in total assets and owner’s equity. Despite the financial challenges, the proportion of research and development investment in operating income increased, indicating a continued focus on innovation. The report highlights adjustments due to changes in accounting for government grants, impacting the net profit calculations.
More about Beijing SinoHytec Co., Ltd. Class H
Beijing SinoHytec Co., Ltd. operates in the energy sector, focusing on the development and production of hydrogen fuel cell systems. The company is primarily engaged in the research, development, and commercialization of hydrogen energy solutions, aiming to contribute to the clean energy transition.
Average Trading Volume: 1,901,742
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$7.68B
See more data about 2402 stock on TipRanks’ Stock Analysis page.