NSING TECH's stock plummeted 5.04% in intraday trading on Friday, following the release of its first-quarter financial results.
The integrated circuit design company reported an attributable loss of 15.7 million yuan for Q1 2026, although this was narrower than the loss of 21.4 million yuan in the same period last year. Total operating income increased to 394.8 million yuan from 304 million yuan a year earlier.
Despite the narrowed loss, the continued negative financial performance likely contributed to investor concerns, leading to the stock's decline during the trading session.
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