Autostreets Returns to Profit in H1; Shares Rise 3%

MT Newswires Live

Sep 01

Autostreets Development (HKG:2443) reported a profit attributable to owners of 5.5 million yuan for the first half of 2025, compared with a loss of 147.6 million yuan a year earlier, according to an Aug. 29 Hong Kong bourse filing.

Shares of the firm were up nearly 3% in Monday's late morning trade.

Earnings per share came in at 0.01 yuan, compared with a loss per share of 0.19 yuan in the prior-year period.

Revenue fell nearly 26% to 141.8 million yuan from 191.3 million yuan.

The company did not declare an interim dividend.

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