Solargiga Energy Holdings (HKG:0757) recorded a loss attributable to owners of the parent of 101.1 million yuan for the six months ended June 30, against an attributable profit of 99.9 million yuan logged for the corresponding period last year, a Monday filing with the Hong Kong exchange said.
For the reporting period, loss per share attributable to ordinary equity holders of the parent stood at 0.0304 yuan, compared with earnings per share of 0.0301 yuan recorded for the year-ago period.
The solar energy products manufacturer's revenue for the first half of this year was 1.69 billion yuan, 51.2% lower than 3.47 billion yuan booked a year ago.
The company attributed the decrease in revenue to a strident decline in the prices of photovoltaic modules and a decrease in their external shipping volume during the period.
The company's shares were down over 1% in recent trade.
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