Shidai Wanheng released its 2025 semi-annual report, showing a net loss attributable to shareholders of the listed company of 12.46 million yuan for the first half, compared with a profit in the same period last year, turning from profit to loss year-on-year. During the reporting period, the company's operating revenue grew by more than 30 percent, but the gross margin of its core lithium battery business declined significantly, resulting in a failure to achieve profit growth and a loss.
Liaoning Shidai Wanheng Co LtdNet loss of 12.46 million yuan in H1, turning from profit to loss, with core lithium battery gross margin declining significantly.
