PN Smart Energy Ltd (PN) Form 6-K — Aug 4, 2026
PN Smart Energy reported financial results for the six months ended March 31, 2026, revealing a shift to a net loss of $7.1 million compared to net income of $392,000 in the prior-year period. Revenue grew 5.5% to $25.5 million, primarily driven by a 44.6% increase in overseas sales of solar PV products, though gross margins declined to 11.6% due to intense industry competition and rising copper prices. The company’s liquidity position weakened significantly, with cash and cash equivalents dropping to $4.9 million from $9.3 million in the prior period.
Key figures
- Revenue
- 25499136
- Total Debt
- 2036592
- Revenue Yoy
- 5.47%
- Cash Position
- 4882622
- Gross margin prior
- 15.32%
- Gross margin current
- 11.60%
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