FUTONG TECH (00465) Reports Interim Results with Shareholder Loss of RMB32.699 Million, Up 7.11% Year-on-Year

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FUTONG TECH (00465) Reports Interim Results with Shareholder Loss of RMB32.699 Million, Up 7.11% Year-on-Year

Stock News08-21

FUTONG TECH (00465) announced its interim results for the six months ended June 30, 2025, reporting revenue of RMB58.28 million, down 13% year-on-year. The loss attributable to shareholders reached RMB32.699 million, representing a 7.11% increase compared to the same period last year. Basic loss per share was RMB0.11. According to the announcement, the revenue decline was primarily due to intensifying competition in China's information technology market, coupled with new products yet to contribute to revenue, leading to an overall decrease in the group's income.

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