Shares of Rongta Technology (Xiamen) (HKG:9881) plummeted 5.91% in intraday trading on Tuesday, as investors reacted to the company's disappointing first-half 2025 financial results. The automatic identification and data capture firm swung to a loss and reported a decrease in revenue, triggering a sell-off in its stock.

According to a filing with the Hong Kong Stock Exchange, Rongta Tech reported a loss attributable to owners of the company of 6.4 million yuan for the first half of 2025, a stark contrast to the 14.4 million yuan profit recorded in the same period last year. The company's loss per share stood at 0.08 yuan, compared to earnings per share of 0.18 yuan in the prior-year period. Adding to investors' concerns, revenue fell to 145.6 million yuan from 162.5 million yuan year-over-year.

The market's negative reaction was further exacerbated by the board's decision not to declare a dividend, potentially disappointing income-focused investors. As Rongta Tech grapples with these financial challenges, investors will be closely watching for any signs of a turnaround in the company's performance in the coming quarters.