Sunpower Group Ltd.SGX: 5GD

Sunpower Group: Recurring PATMI surged 34.5% YoY, but RMB1bn in convertible bonds mature in April 2025

· Issued by Sunpower Group Ltd.

Sunpower Group delivered strong 1H 2024 results with recurring PATMI up 34.5% YoY and robust steam sales growth, while profitability outpaced revenue gains. The company faces a key refinancing challenge with RMB1 billion in convertible bonds maturing in April 2025.

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