HK Stock Market Move | REFIRE (02570) fell nearly 3%, with a mid-term net loss of 333 million yuan attributable to shareholders, a year-on-year decrease of 28.66%.

REFIRE (02570) fell nearly 3%, and as of press time, it dropped 2.25% to 156.6 Hong Kong dollars, with a turnover of 5.4316 million Hong Kong dollars. On the news front, recently, REFIRE released its interim results for the six months ending June 30, 2025. The group achieved revenue of 107 million yuan (all in the same unit), a decrease of 9.93% year-on-year; the net loss attributable to the parent company was 333 million yuan, a decrease of 28.66% year-on-year; basic loss per share was 3.86 yuan. The announcement stated that the decrease in revenue was mainly due to a decrease in component sales compared to the same period in 2024.