Core Viewpoint - The company reported a decrease in revenue and a narrowed net loss for the first half of 2025, indicating challenges in the competitive landscape of the industry [1] Financial Performance - Revenue for the period was 21.366 million RMB, representing a year-on-year decline of 3.3% [1] - The net loss was 5.591 million RMB, which is a reduction of 47.9% compared to the previous year [1] - Basic loss per share was 3.5 cents [1] Industry Context - The decrease in revenue is attributed to intense competition within the industry, leading to a reduction in sales orders [1] - The impact of increased exhibition revenue and a rise in the average selling price of the company's branded watches partially offset the revenue decline [1]
励时集团(01327)发布中期业绩，净亏损559.1万元，同比收窄47.9%