Hong Kong Stock Movement | REFIRE (02570) Falls Nearly 3% as Interim Loss Attributable to Shareholders Reaches RMB 333 Million, Down 28.66% YoY
Stock News
Aug 14
REFIRE (02570) declined nearly 3%. As of press time, the stock was down 2.25% to HK$156.6, with a turnover of HK$5.4316 million.
On the news front, REFIRE recently released its interim results for the six months ended June 30, 2025. The group recorded revenue of RMB 107 million, representing a 9.93% year-on-year decrease. The loss attributable to owners of the parent company was RMB 333 million, down 28.66% compared to the same period last year. Basic loss per share was RMB 3.86.
The announcement stated that the revenue decline was primarily due to lower component sales compared to the same period in 2024.
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