Reported 12 months ago
Danen (3686) recently disclosed a loss of 0.02 yuan per share after being required to report May financial performance, completely offsetting the EPS of 0.01 from the first quarter of the year. Transitioning from solar long crystal production to solar system development and memory trading, Danen rode the green energy trend with its stock price skyrocketing. The company's revenue in May increased by 157.89% year-on-year, but the monthly profit remained negative at 0.02 yuan per share. Seeking a smooth transition, Danen relies on short-term electronic material trading, including memory chips and DIMMs, to sustain operations while targeting a future shift towards green energy, particularly in solar energy, to explore new opportunities in carbon reduction industries.
Source: YAHOO