Core Insights - The company, Jixing New Energy (03395), reported a total net revenue of approximately CAD 4.6897 million for the six months ending June 30, representing a year-on-year increase of 30.5% [1] - The company experienced a loss and comprehensive loss of approximately CAD 8.8888 million, which is a year-on-year increase of 22.14% [1] - The increase in losses is primarily attributed to the write-off of exploration and evaluation asset values, as well as severance costs incurred in 2024, which were offset by foreign exchange gains [1] Financial Performance - Net revenue for the period was CAD 4.6897 million, up 30.5% compared to the previous year [1] - The loss for the period was CAD 8.8888 million, reflecting a 22.14% increase in losses year-on-year [1] - Basic loss per share was CAD 0.02 [1] Operational Factors - The increase in losses is mainly due to the write-off of exploration and evaluation assets [1] - Severance costs expected in 2024 also contributed to the overall loss [1] - Foreign exchange gains partially offset the losses incurred [1]
吉星新能源(03395)发布中期财报，净亏损888.88万加元，同比增加22.14%