SEHK:2443Consumer Services
Autostreets Development (SEHK:2443) Stock Hit By Revenue Collapse And Fresh Losses
Autostreets Development stock has barely budged over the past week, yet the H1 print delivered a jolt beneath the surface. The headline is a sharp profit squeeze. Revenue for the half year came in at ¥75.6m while the company swung to a net loss of ¥16.5m and basic earnings per share of ¥0.02 loss. That moves Autostreets from profit in 2025 back into the red. For short term traders the story is about pressure on the income statement. For longer term holders the question is how that squeeze...