Freetech Road Recycling Technology Holdings Ltd. Reports 17.2% Increase in Revenue and 10.7% Widening Loss for Six Months Ending June 2025
Reuters
Sep 24
Freetech Road Recycling Technology Holdings Ltd. Reports 17.2% Increase in Revenue and 10.7% Widening Loss for Six Months Ending June 2025
Freetech Road Recycling Technology Holdings Ltd. has released its unaudited consolidated interim results for the six-month period ended 30 June 2025. The company reported a revenue increase of 17.2% compared to the same period in 2024, with revenue figures rising from HK$70.3 million to HK$82.4 million. However, the gross profit margin declined from 44.9% in the previous year to 42.2% in 2025. The loss attributable to owners of the company from continuing and discontinued operations increased by 10.7%, from HK$8.5 million to HK$9.4 million. The company's strategic focus remains on technological innovation and green transformation in line with China's economic development plans.
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