MOG DIGITECH (01942) Swings to Interim Loss as Revenue Declines Sharply
Stock News
Yesterday
MOG DIGITECH (01942) has released its financial results for the six months ended June 30, 2026, revealing a substantial downturn in performance.
The group reported total revenue of RMB 149 million for the period, marking a significant decrease of 70.87% year-over-year.
In a notable reversal from profitability, the company recorded a loss attributable to shareholders of RMB 33.998 million, a swing of RMB 33.998 million into the red. Earnings per share stood at RMB 0.025.
The company attributed the loss during the reporting period primarily to a decrease in both revenue and gross profit from its main business operations.
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