Core Viewpoint - Aowei Holdings (01370) reported a decline in revenue and an increase in net loss for the six months ending June 30, 2025, primarily due to the depletion of exploitable resources at its subsidiary Jiheng Mining and a decrease in iron concentrate prices [1] Financial Performance - The company achieved revenue of RMB 273 million, representing a year-on-year decrease of 15.63% [1] - The net loss amounted to RMB 75.624 million, which is an increase of 49.49% compared to the previous year [1] - Basic loss per share was reported at RMB 0.05 [1] Operational Challenges - The loss during the reporting period was mainly attributed to the exhaustion of exploitable resources at Jiheng Mining, leading to a suspension of mining activities [1] - Additionally, the decline in iron concentrate prices contributed to a decrease in gross profit margin [1]
奥威控股(01370)发布中期业绩,净亏损7562.4万元,同比增加49.49%