China Anchu Energy Storage Group Ltd.(2399.HK), a supplier of industrial products, Monday reported a wider net loss for the first half, hurt by decline in revenue from last year.
For the six-month period, the company reported loss attributable to owners of RMB 85.24 million or RMB 2.80 per share, compared to loss of RMB 81.80 million or RMB 2.98 per share of last year.
The company's pre-tax loss widened to RMB 104.74 million from loss of RMB 66.93 million for the same period.
The company's revenue plunged 82.4% to RMB 40.41 million from RMB 229.79 million in the previous year.
On the Hong Kong Stock Exchange, the shares were trading 3.17 percent lower at HK$0.345.
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