RUIYUAN IC TECH released its interim results, with a net loss of 613,000 yuan, an increase of 146.2% year-on-year
RUIYUAN IC TECH released its interim results for the period ending June 30, 2025, with revenue of 9.91 million yuan, a year-on-year decrease of 24.2%; a net loss of 613,000 yuan, a year-on-year increase of 146.2%; and a basic loss per share of 0.12 yuan. The decline in turnover is mainly due to a decrease in orders from international export trade customers and high taxes. The company is actively exploring new business opportunities and seeking development
According to the Zhitong Finance APP, RUIYUAN IC TECH (08249) announced its performance for the six months ending June 30, 2025, with revenue of 9.91 million yuan (RMB, the same below), a year-on-year decrease of 24.2%; a net loss of 613,000 yuan, a year-on-year increase of 146.2%; and a basic loss per share of 0.12 cents.
During the period, the decrease in revenue was mainly due to downstream customers engaged in international export trade, where the current export business tax burden is too high, resulting in a significant reduction in customer orders, leading to a decline in the group's revenue compared to the same period last year. The company is actively exploring new businesses and seeking new development
