励时集团发布中期业绩，净亏损559.1万元，同比收窄47.9%

Group 1 - The core viewpoint of the article highlights that Lishi Group (01327) reported a revenue of 21.366 million RMB for the first half of 2025, representing a year-on-year decline of 3.3% [1] - The company experienced a net loss of 5.591 million RMB, which is a significant improvement, narrowing by 47.9% compared to the previous year [1] - The basic loss per share was reported at 0.035 RMB [1] Group 2 - The decrease in revenue is primarily 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]