READBOY (02385) Reports Interim Results with Attributable Loss of RMB 44.46 Million, Narrowing 1.4% Year-over-Year

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Aug 27

READBOY (02385) announced its interim results for 2025, reporting revenue of RMB 182 million, representing a 10.2% year-over-year increase. The company recorded a loss attributable to owners of the parent company of RMB 44.46 million, which narrowed by 1.4% compared to the same period last year. Basic loss per share was 13.68 cents.

The period-on-period revenue growth was primarily driven by continued expansion in revenue from student personal tablets, which constitutes the group's main income source, along with substantial increases in revenue from wearable and other supporting products for the six months ended June 30, 2025, compared to the corresponding period in 2024. The magnitude of this increase exceeded the decline in revenue from digital smart campus solutions.

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