YUXING INFOTECH (08005) announces its interim financial performance, with a loss attributable to shareholders of HKD 29.992 million, a change from a profit to a loss compared to the same period last year.
Yuxing Technology (08005) released its interim results for the six months ended June 30, 2025, with the group achieving revenue...
YUXING INFOTECH (08005) announced its interim financial results for the six-month period ending June 30, 2025. The group achieved revenue of HK$44.97 million, a decrease of 62.75% year-on-year. The company's attributable loss amounted to HK$29.992 million, compared to a profit of HK$53.157 million in the same period last year. The loss per share was 1.21 HK cents.
The decrease in gross profit by 56.1% to HK$16.5 million (June 30, 2024: HK$37.7 million) was attributed to reduced rental income from the US IDC and overall decline in sales orders for information appliances.
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