China SafTower Reports Narrower Interim Loss as Revenue Declines
Stock News
Aug 27
CHINA SAFTOWER (08623) has released its interim results for 2026, showing a 48.8% year-on-year drop in revenue to 86.189 million yuan.
The company recorded a loss attributable to shareholders of 6.884 million yuan, narrowing by 54.2% compared with the prior-year period, with a basic loss per share of 0.04 yuan.
The reduction in net loss was mainly driven by lower expected credit losses and decreased employee costs.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.