POWERLONG Reports Annual Results with Widened Loss Attributable to Owners

Stock News

03/30

POWERLONG (01238) announced its annual results for the 2025 fiscal year. The group recorded revenue of RMB 22.637 billion, a decrease of 12.11% compared to the previous year. The loss attributable to owners of the company was RMB 5.887 billion, which widened by 2.11% year-on-year. The basic loss per share was 142.2 cents. According to the announcement, the decline in revenue was primarily due to a decrease in revenue from property sales.

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The group recorded revenue of RMB 22.637 billion, a decrease of 12.11% compared to the previous year. The loss attributable to owners of the company was RMB 5.887 billion, which widened by 2.11% year-on-year. The basic loss per share was 142.2 cents. 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