Infinities Technology Reports 85.8% Revenue Drop, Loss Widens by 73.5% in H1 2025

Reuters

2025/08/31

Infinities Technology Reports 85.8% Revenue Drop, Loss Widens by 73.5% in H1 2025

Infinities Technology International (Cayman) Holding Ltd. has announced its interim results for the six months ended 30 June 2025. The company reported a significant decline in revenue, with figures falling by 85.8% to RMB 19.0 million compared to RMB 133.9 million during the same period in 2024. Gross profit also decreased by 85.9% to RMB 3.0 million from RMB 21.1 million in the previous year. The company experienced a loss for the period amounting to RMB 33.8 million, a 73.5% increase from the RMB 19.5 million loss recorded in the first half of 2024. The Board has decided not to recommend any interim dividend for the first half of 2025, consistent with the approach taken in the same period of 2024. The company attributed part of its operational challenges to issues with its newly established business in gaming products supply, including concerns over product quality, dependency on a single customer, and the impact of foreign exchange rate fluctuations.

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. Infinities Technology International (Cayman) Holding Ltd. published the original content used to generate this news brief on August 31, 2025, and is solely responsible for the information contained therein.

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The company reported a significant decline in revenue, with figures falling by 85.8% to RMB 19.0 million compared to RMB 133.9 million during the same period in 2024. Gross profit also decreased by 85.9% to RMB 3.0 million from RMB 21.1 million in the previous year. The company experienced a loss for the period amounting to RMB 33.8 million, a 73.5% increase from the RMB 19.5 million loss recorded in the first half of 2024. The Board has decided not to recommend any interim dividend for the first half of 2025, consistent with the approach taken in the same period of 2024. The company attributed part of its operational challenges to issues with its newly established business in gaming products supply, including concerns over product quality, dependency on a single customer, and the impact of foreign exchange rate fluctuations.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>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. Infinities Technology International (Cayman) Holding Ltd. published the original content used to generate this news brief on August 31, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"01961","symbol_name":"多牛科技","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250831:nNDL3dYD3g:1","article_id":"2563785372","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2563785372","pubTimestamp":1756642671,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Infinities Technology International  Holding Ltd. has announced its interim results for the six months ended 30 June 2025. The company reported a significant decline in revenue, with figures falling by 85.8% to RMB 19.0 million compared to RMB 133.9 million during the same period in 2024. Gross profit also decreased by 85.9% to RMB 3.0 million from RMB 21.1 million in the previous year. The company experienced a loss for the period amounting to RMB 33.8 million, a 73.5% increase from the RMB 19.5 million loss recorded in the first half of 2024. The Board has decided not to recommend any interim dividend for the first half of 2025, consistent with the approach taken in the same period of 2024. 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Gross profit also decreased by 85.9% to RMB 3.0 million from RMB 21.1 million in the previous year. The company experienced a loss for the period amounting to RMB 33.8 million, a 73.5% increase from the RMB 19.5 million loss recorded in the first half of 2024. The Board has decided not to recommend any interim dividend for the first half of 2025, consistent with the approach taken in the same period of 2024. The company attributed part of its operational challenges to issues with its newly established business in gaming products supply, including concerns over product quality, dependency on a single customer, and the impact of foreign exchange rate fluctuations.\n      \n\nDisclaimer: 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. 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