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Green Energy Technology Group (00979) announced annual results. Loss attributable to shareholders of HK$12.821 million narrowed 20.04% year-on-year
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According to the Zhitong Finance App, Green Energy Technology Group (00979) announced its annual results for the year ended June 30, 2026, with continuous operating revenue of HK$152 million, up 120.13% year on year; loss attributable to shareholders was HK$12.81 million, a year-on-year decrease of 20.04%; basic loss per share was HK$0.95.

According to the announcement, the increase in revenue was mainly due to the Group's new AI chip business division and revenue from trading electronic components during the 2026 fiscal year. The net loss reduction was mainly due to the Group's renewable energy business segment increasing in the 2026 fiscal year when the market price of waste cooking oil increased; as the German processing plant suspended operations in August 2025, the net loss of the plastic recycling business decreased by about HK$1.1 million; and the newly launched AI chip trading business generated a net profit of about HK$2.2 million during the 2026 fiscal year.

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