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Shanghai Refire Group's 2025 Loss Narrows

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Shanghai Refire Group (HKG:2570) booked 602.8 million yuan in attributable loss for 2025, narrowing from a loss of 737.3 million yuan in 2024, according to a Hong Kong bourse filing Friday.

Shares of the hydrogen fuel cell systems maker fell nearly 2% in morning trade Monday.

Loss per share was 6.98 yuan compared with 9.03 yuan in the prior year.

Revenue fell 8.3% year on year to 595.2 million yuan, figures showed.

The firm did not declare a dividend for the year.

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