SUN.KING TECH (00580) released its interim results, reporting a loss attributable to shareholders of approximately 26.742 million yuan, a turnaround from profit to loss compared to the same period last year.

SUN.KING TECH (00580) released its interim results for the six months ending June 30, 2026, reporting a revenue of 1.269 billion yuan (RMB), an approximately 42.9% increase year-on-year; the loss attributable to equity holders of the parent company was approximately 26.742 million yuan, compared to a profit of 93.773 million yuan in the same period last year; the basic loss per share was approximately 1.66 fen. A mid-term dividend of 0.01 Hong Kong dollar per share is proposed. The announcement stated that the revenue increase was mainly due to the group's concentrated delivery of order products for the Gansu-Zhejiang flexible DC transmission project and an increase in revenue from the new energy power generation and energy storage sectors.