Natsuan Energy Technology (01597) expects losses to decrease by about 59% in the first half of the year

According to the Zhitong Finance App, Naquan Energy Technology (01597) announced that the Group expects to make a net loss of about RMB 9.5 million in the six months ending June 30, 2026. Compared with the net loss of about RMB 23.5 million for the six months ending June 30, 2025, the loss will be reduced by about 59%. The difference is mainly due to (i) the Group's streamlining and optimization of its personnel structure; (ii) the Group's revenue remained stable during the reporting period compared to revenue for the six months ended June 30, 2025. As stated above, the Group's overall operating costs and expenses have declined, thereby narrowing the Group's losses during the reporting period.