Group 1 - The core viewpoint of the article highlights that New Fire Technology Holdings (01611.HK) reported a significant revenue increase of 427.1% year-on-year, reaching HKD 3.456 billion for the six months ending March 31, 2025, but faced a substantial decline in profitability, resulting in a net loss of HKD 12.3 million compared to a profit of HKD 99.8 million in the same period last year [1][2] - The company's gross profit fell by 65.8% to HKD 10.99 million, with a gross margin dropping to 0.3%, a decrease of 4.6 percentage points year-on-year [1][2] - The primary revenue source for New Fire Technology Holdings is its cryptocurrency trading business, which accounted for approximately 99.5% of total revenue, with this segment's income surging by 453.6% to HKD 3.438 billion [1][2] Group 2 - The gross margin for the cryptocurrency trading business decreased from 1.24% to 0.13% year-on-year, while the gross margin for other businesses fell from 70.68% to 36.31%, contributing to the overall decline in gross profit [2] - Looking ahead, the company plans to focus on virtual asset ecosystem services, including asset management, trust and custody services, cryptocurrency trading, and Web3 and public chain solutions, while also developing quantitative arbitrage services [2] - New Fire Technology Holdings is accelerating its global market expansion, having completed the acquisition of over 50% of the compliant Japanese exchange BitTrade, which will result in the company holding 92.31% of the shares post-acquisition [2]
新火科技收入飙增超4.2倍，却由盈转亏！原因何在？