Ouhua Energy Holdings Limited faced a challenging first half of FY2025, recording a net loss amidst a highly competitive and volatile liquefied petroleum gas (LPG) market. The group’s financial statements show shifts in both current and non-current assets and liabilities, reflecting strategic adjustments and market pressures. Despite these headwinds, the company is actively pursuing opportunities in the green energy sector.
• The group experienced a significant narrowing of gross profit due to intense competition and price fluctuations in the LPG market
• Revenue from their core LPG business declined, while their solar power generation segment showed stable growth, indicating a strategic shift
• The period saw a substantial reduction in cash and cash equivalents, influenced by working capital changes and operational activities