ASIAN CITRUS Reports Interim Results, Narrows Net Loss Attributable to Owners by 35.17%

Stock News02-27 19:38

ASIAN CITRUS (00073) has announced its interim results for the six-month period ended December 31, 2025. The company reported revenue of RMB 41 million, representing an increase of 11.41% compared to the same period last year. The net loss attributable to owners of the company was RMB 9.4 million, which is a reduction of 35.17% year-on-year. The basic loss per share was RMB 62.78 cents.

According to the announcement, the decrease in loss during the review period was primarily due to (i) an overall reduction in employee costs; (ii) a significant decrease in general and administrative expenses; and (iii) the reversal of expected credit loss provisions for trade and other receivables as well as loans receivable after settlement. These factors were partially offset by a fair value loss generated from biological assets.

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