AUTOSTREETS (02443) Announces Annual Results, Swings to Profit with HK$8.266 Million Attributable to Shareholders

Stock News03-31

AUTOSTREETS (02443) has disclosed its annual results for the period ended December 31, 2025. The group reported revenue of 271 million yuan, representing a decrease of 33.7% compared to the previous year. Profit attributable to owners of the parent company was 8.266 million yuan, a turnaround from a loss of 123 million yuan in the same period last year. Earnings per share were 0.01 yuan.

According to the announcement, regarding the fair value change of financial liabilities measured at fair value through profit or loss, the company recorded a loss of 142 million yuan for the year ended December 31, 2024, and zero yuan for the comparable period in 2025. This reduction was primarily due to the automatic conversion of all convertible redeemable preferred shares into ordinary shares following the completion of the global offering on May 31, 2024.

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