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Shanghai REFIRE Group Ltd. Class H ( (HK:2570) ) just unveiled an announcement.
Shanghai REFIRE Group Ltd. reported a total revenue of approximately RMB106.9 million for the first half of 2025, marking a 9.9% decrease from the previous year. Despite the overall revenue decline, the company saw a substantial increase in sales of hydrogen fuel cell systems and overseas revenue, with growth rates of 141.8% and 360.3% respectively. The company’s gross loss decreased by 22.5% to RMB13.5 million, and the loss attributable to owners reduced by 28.7% to RMB332.7 million. The company also reported a net cash inflow from operating activities and an increase in cash and cash equivalents, although no dividends were declared for this period.
More about Shanghai REFIRE Group Ltd. Class H
Shanghai REFIRE Group Ltd. is a company based in the People’s Republic of China, primarily engaged in the development and sale of hydrogen fuel cell systems. The company focuses on expanding its market reach, particularly in overseas regions, as evidenced by significant growth in international revenue.
Average Trading Volume: 64,958
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$14.2B
For an in-depth examination of 2570 stock, go to TipRanks’ Overview page.