POWERLONG Reports Annual Results with Widened Loss Attributable to Owners

Stock News
Mar 30

POWERLONG (01238) announced its annual results for the 2025 fiscal year. The group recorded revenue of RMB 22.637 billion, a decrease of 12.11% compared to the previous year. The loss attributable to owners of the company was RMB 5.887 billion, which widened by 2.11% year-on-year. The basic loss per share was 142.2 cents. According to the announcement, the decline in revenue was primarily due to a decrease in revenue from property sales.

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