CARSGEN-B (02171) Reports Interim Results with Net Loss of 75.48 Million Yuan, Narrowing 78.53% Year-over-Year
Stock News
Aug 14
CARSGEN-B (02171) announced its interim results for 2025, reporting revenue of 50.96 million yuan, representing a 703.8% year-over-year increase. Gross profit reached 29.37 million yuan, surging approximately 17.16 times compared to the same period last year. The company recorded a net loss of 75.48 million yuan, which narrowed by 78.53% year-over-year. Loss per share was 0.14 yuan.
According to the announcement, the reduction in losses was primarily attributed to decreased research and development expenses during the period, reduced administrative expenses, increased net foreign exchange gains, and improved gross profit.
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