Sunpower Group Ltd.SGX: 5GD

Sunpower Group: Recurring revenue and steam sales rose, but net profit fell due to a one-off bad debt provision

· Issued by Sunpower Group Ltd.

Sunpower Group delivered higher steam sales and recurring revenue in 9M2024, with growth driven by ramp-up of GI projects and strong market demand, though net profit was impacted by a one-off bad debt provision. Convertible bond refinancing remains a key risk.

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