MAXNERVA TECH (01037) Reports Interim Results with Net Loss of RMB 2.375 Million, Narrowing 85.3% Year-on-Year
Stock News
Aug 20
MAXNERVA TECH (01037) announced its financial results for the six months ended June 30, 2025, reporting revenue of RMB 342 million, representing a year-on-year increase of 32.1%. The company recorded a net loss of RMB 2.375 million, which narrowed by 85.3% compared to the same period last year, with basic loss per share of RMB 0.34 cents.
The net loss was primarily attributed to a decline in fair value of one of the company's major investments. Excluding fair value changes of financial assets at fair value through profit or loss and gains from disposal of investments, the adjusted net profit for the reporting period increased by 28% year-on-year to RMB 7.5 million.
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