Niutech Group AbNGM: NIUTEC

NIUTEC: Sharp revenue drop and major losses after subsidiary bankruptcies; focus shifts to core growth

· Issued by Niutech Group AB

Revenue and profitability declined sharply year-over-year due to the bankruptcy of two subsidiaries, with significant one-time charges impacting results. The group is now smaller and focused on profitable growth in digital infrastructure and solar energy, with liquidity and financing as key priorities.

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