AOWEI HOLDING released its interim results, reporting a net loss of 75.624 million yuan, an increase of 49.49% year-on-year
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AOWEI HOLDING released its interim results for the period ending June 30, 2025, reporting revenue of 273 million yuan, a year-on-year decrease of 15.63%; a net loss of 75.624 million yuan, a year-on-year increase of 49.49%; and a basic loss per share of 0.05 yuan. The loss was mainly due to the depletion of the extractable portion of the open-pit iron ore at Jiheng Mining and a decline in the selling price of iron concentrate, leading to a decrease in gross margin
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