MOBI Development Co. Ltd. Reports 10.8% Increase in Sales to Chinese Equipment Manufacturers, Totaling RMB49.72 Million in First Half of 2025

Reuters
Sep 03
MOBI Development Co. Ltd. Reports 10.8% Increase in Sales to Chinese Equipment Manufacturers, Totaling RMB49.72 Million in First Half of 2025

MOBI Development Co. Ltd. has released its interim results for the first half of 2025. The company's unaudited consolidated revenue for the six months ended 30 June 2025 was approximately RMB214.8 million, marking a decrease of about 14.0% compared to approximately RMB249.8 million during the same period in 2024. The sales of antenna system products saw a significant decline of approximately 31.3%, amounting to RMB56.79 million. Additionally, sales of base station RF subsystem products decreased by approximately 10.8%. Despite the overall revenue decline, the company reported a notable increase in sales for its coverage extension solutions and other products, which rose by about 20.0% to approximately RMB34.64 million. Particularly, new energy and information technology products, as well as GPS and specialized products, experienced substantial growth by approximately 98,366.9% and 76.0% respectively, reaching RMB8.03 million and RMB5.52 million. The company continues to focus on research and development in the smart application sector and has maintained its status as a core supplier to major equipment manufacturers in China. Sales to Chinese equipment manufacturer customers increased by approximately 10.8% to RMB49.72 million, which accounts for around 23.1% of the total revenue. This growth is attributed to adjustments in procurement strategies and expanded product line cooperation. The company is engaging in strategic collaborations on key projects and is initiating intensive collaborative development across various product lines.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MOBI Development Co. Ltd. published the original content used to generate this news brief on September 03, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10