Contel Technology Co. Ltd. Reports 16% Increase in Revenue to $76.96M, Posts $12.13M Loss for Fifteen Months Ending March 2025

Reuters
06/30
Contel Technology Co. Ltd. Reports 16% Increase in Revenue to $76.96M, Posts $12.13M Loss for Fifteen Months Ending March 2025

Contel Technology Co. Ltd. has announced its audited consolidated results for the fifteen months ended March 31, 2025. The company reported a revenue increase to $76.963 million, up from $66.316 million for the year ending December 31, 2023. Despite the rise in revenue, the company recorded a gross profit of $2.072 million, down from $2.934 million in the previous year, and a net loss of $12.134 million, compared to a $9.749 million loss in 2023. The revenue growth was driven by sales of IC products and electronic components, particularly in the mobile devices and smart charging category, which generated $44.231 million compared to $32.271 million in the previous year. Other categories such as motor control and RF power also contributed to the revenue, while sensor and automation, and LED lighting experienced a decline. No specific outlook or guidance has been provided within the announcement regarding future performance or strategic initiatives.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Contel Technology Co. Ltd. published the original content used to generate this news brief on June 30, 2025, and is solely responsible for the information contained therein.

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