MOBI DEV Posts Narrowed Interim Net Loss as Revenue Edges Higher

Stock News
Aug 21

MOBI DEV (00947) has released its financial results for the six months ended June 30, 2026, showing a net loss of RMB 30.435 million, which represents a 7.3% reduction in losses compared to the same period last year.

Revenue for the interim period reached RMB 218 million, reflecting a modest 1.6% increase year-over-year. The company reported a basic loss per share of RMB 0.0382.

During the first half of the year, the group's overall gross margin improved to approximately 15.4%, up from 13.8% recorded in the corresponding period of the previous year. While rising raw material and labor costs continued to put pressure on profitability, the group has maintained cost and quality control as a core strategic priority. Management has strengthened cost management measures across its product lines, implementing detailed cost analysis and tracking for key products while establishing an end-to-end process management system to drive operational efficiency.

Looking ahead, the group intends to enhance its overall gross margin through a combination of optimizing its product sales mix, deepening its technological premium capabilities, and reinforcing cost control initiatives across the business.

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