FilingReader Intelligence

Narada Power reports 32% revenue drop, cancels stock options

August 14, 2025 at 05:23 PM UTCBy FilingReader AI

Zhejiang Narada Power Source reported a 31.67% drop in operating revenue to 3.92 billion yuan and swung to a net loss of 232.5 million yuan in its semi-annual results.

The company cancelled 1.2 million stock options from its 2022 equity incentive plan due to unmet performance targets and employee departures.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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