HXTL released its interim results, with a loss attributable to shareholders of 70.42 million yuan, turning from profit to loss year-on-year
HXTL released its interim results for the period ending June 30, 2025, reporting revenue of 1.022 billion yuan, a year-on-year decrease of 8.35%; the loss attributable to shareholders was 70.42 million yuan, compared to a profit of 26.589 million yuan in the same period last year, with a basic loss per share of 0.152 yuan. The revenue decline was mainly due to a decrease in the revenue of the wireless communication business segment, which was approximately 854 million yuan in the first half of 2025, a year-on-year decrease of 11.9%
According to the Zhitong Finance APP, HXTL (01085) released its interim results for the six months ending June 30, 2025. The group achieved revenue of RMB 1.022 billion, a year-on-year decrease of 8.35%; the loss attributable to equity shareholders was RMB 70.42 million, compared to a profit of RMB 26.589 million in the same period last year; basic loss per share was RMB 0.152.
The announcement stated that revenue in the first half of 2025 decreased compared to the first half of 2024, mainly due to a decline in revenue from the wireless communication business segment. In the first half of 2025, the wireless communication business segment generated revenue of approximately RMB 854 million, a decrease of approximately RMB 115 million or 11.9% compared to approximately RMB 969 million in the first half of 2024
