CMRU (01636) announced its interim results for the six months ended June 30, 2025. The group recorded revenue of RMB 341 million, representing a decrease of 24.96% year-on-year. Loss attributable to owners of the company was RMB 208 million, down 6.16% compared to the same period last year. Loss per share stood at RMB 0.46.
For the six months ended June 30, 2025, the group sold 4,877 tons of recycled copper products, generating revenue of RMB 339 million from recycled copper product sales.
Due to insufficient working capital and unfavorable conditions in the real estate industry, the group's communication cable business and power transmission and distribution cable business have not resumed operations, though most products have been sold. As the real estate market begins to stabilize, the company expects to resume these two downstream businesses once the group secures adequate working capital.