New Focus Auto Tech Reports 14% Increase in Revenue for H1 2025, Net Loss Due to Increased Administrative Expenses
Reuters
Aug 29, 2025
<a href="https://laohu8.com/S/NWFAF">New Focus Auto</a> Tech Reports 14% Increase in Revenue for H1 2025, Net Loss Due to Increased Administrative Expenses
New Focus Auto Tech Holdings Ltd. has released its unaudited consolidated results for the six months ended June 30, 2025. The company reported a revenue increase to RMB 270.144 million, up from RMB 237.593 million in the same period in 2024. The gross profit for the period was RMB 42.066 million, slightly down from RMB 43.233 million in the previous year. Net losses were recorded in other gains or losses, net, amounting to RMB 15.823 million, compared to a net gain of RMB 1.291 million in 2024. Administrative expenses also rose significantly to RMB 51.051 million from RMB 32.563 million the previous year. The company experienced a decrease in cash and cash equivalents, ending the period at RMB 41.718 million, down from RMB 72.593 million at the end of June 2024. New Focus Auto Tech Holdings Ltd. is principally engaged in the manufacture and sale of electronic and power-related products, with its principal place of business in Shanghai, China.
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