SMIT (02239) announced its results for the six months ended June 30, 2025, reporting revenue of $7.065 million, down 18.4% year-on-year. The loss attributable to owners of the company reached $15.70 million, expanding 5.1% compared to the same period last year. Basic loss per share was $0.05. The year-on-year decrease in revenue was primarily attributed to reduced income from smart sensing and other business segments.