ARTGO HOLDINGS (03313) Posts Interim Net Loss of RMB 19.29 Million, Narrowing 28.41% Year-on-Year

Stock News
Aug 28

ARTGO HOLDINGS (03313) has released its interim results for the six months ended June 30, 2026, reporting revenue of RMB 34.088 million, an increase of 11% year-on-year. The company recorded a loss attributable to shareholders of RMB 19.289 million, representing a reduction of 28.41% compared to the prior corresponding period. The basic loss per share stood at RMB 0.14.

During the review period, the group generated approximately RMB 5.1 million in revenue from marble stone products, compared to approximately RMB 1.1 million in the same period last year. The sluggish recovery was primarily attributed to weak market demand within the real estate construction sector, alongside the group's efforts to downsize and restructure its marble stone product operations—including sales teams, mining exploration, and marble processing—as well as the implementation of tightened credit policies.

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