Kosen Technology recorded an operating revenue of 1.582 billion yuan in the first half of the year, marking a 9.13% decrease from the previous year. The net profit attributable to shareholders of the listed company stood at a loss of 105 million yuan. The company attributed this loss primarily to the fact that several new products were in the ramp-up phase of mass production, leading to a lower-than-anticipated product gross profit. Additionally, research and development (R&D) expenses remained high.
