FUTONG TECH released its interim results, with a loss attributable to shareholders of 32.699 million yuan, an increase of 7.11% year-on-year
FUTONG TECH released its interim results for the period ending June 30, 2025, with a revenue of 58.28 million yuan, a year-on-year decrease of 13%; the loss attributable to shareholders was 32.699 million yuan, a year-on-year increase of 7.11%; basic loss per share was 0.11 yuan. The company stated that the decrease in revenue was mainly due to intensified competition in the information technology market in mainland China and the failure of new product revenue to materialize
According to the Zhitong Finance APP, FUTONG TECH (00465) released its interim results for the six months ending June 30, 2025, with a revenue of 58.28 million yuan (RMB, the same below), a year-on-year decrease of 13%; the loss attributable to shareholders was 32.699 million yuan, a year-on-year increase of 7.11%; the basic loss per share was 0.11 yuan.
The announcement stated that the decrease in revenue was mainly due to the increasingly fierce competition in the information technology market in mainland China, coupled with the fact that new product revenues have not yet materialized, resulting in a decrease in the group's overall income
