UBOX ONLINE (02429) announced its interim results for 2025, reporting revenue of RMB 1.302 billion, down 3.1% year-over-year. The company recorded a loss attributable to owners of RMB 31.951 million, representing a significant narrowing of 68.3% compared to the same period last year. Basic loss per share was RMB 0.04.

The year-over-year reduction in losses was primarily attributed to decreased depreciation expenses on property, plant and equipment, as well as right-of-use assets during the reporting period. Additionally, the amortization of share-based compensation expenses declined during the period, and the company reversed impairment provisions that had been recognized in previous years.