METALIGHT (02605) Reports Interim Results with Loss of RMB 126 Million, Turning from Profit to Loss Year-over-Year

Stock News08-25

METALIGHT (02605) announced its interim results for the six months ended June 30, 2025, reporting revenue of RMB 96.973 million, representing a year-over-year increase of 7.61%. The company recorded a loss of RMB 126 million during the period, compared to a profit of RMB 226,000 in the same period last year, marking a shift from profit to loss. Basic loss per share was RMB 1.69.

According to the announcement, the revenue increase was primarily driven by higher income from mobile advertising services. This growth was mainly attributable to: (1) the company's continued provision of quality transit information services to users in the first half of 2025, with expansion in both service coverage cities and user base, leading to a RMB 5.7 million increase in mobile advertising service revenue; and (2) the company's ongoing expansion of its public transportation analytics platform business, establishing partnerships with more transportation organizations including local transportation authorities and bus companies, which contributed to a RMB 1.2 million increase in data technology service revenue.

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