Refire Group Narrows H1 Loss by 29%

MT Newswires Live

08/11

Shanghai Refire Group (HKG:2570) narrowed its attributable loss by 29% to 332.7 million yuan in the first half of 2025 from 466.4 million yuan a year prior, a late Friday Hong Kong bourse filing said.

Shares of the Chinese fuel cells manufacturer were up 1% in Monday afternoon trading.

Loss per share was 3.86 yuan, down from 5.74 yuan in the year-ago period.

Revenue fell 9.9% to 106.9 million yuan from 118.7 million yuan in the first half of 2024.

The firm attributed the lower revenue to lower sales of components in the period.

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