New Fire Technology Holdings delivered an impressive 2025 performance report. According to the latest financial statements, the group's total revenue for the year reached HKD 8.66 billion, a surge of 451.8% compared to the same period last year. The main growth driver was the expansion of the cryptocurrency OTC business. However, there was a reversal on the profit side—the group shifted from profit to loss, ultimately recording a net loss of approximately HKD 9.7 million. In comparison, the net profit for the same period in 2024 was about HKD 56.3 million, making this contrast noteworthy. The coexistence of explosive revenue growth and profit decline highlights the need to consider underlying cost pressures and changes in market competition.
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GateUser-9ad11037
· 8h ago
Income skyrocketed but profits actually turned into losses, this move is really clever. Is OTC business this competitive...
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EternalMiner
· 8h ago
Revenue surges by 451.8%, yet losses occur? This logic doesn't quite hold up. No matter how much OTC business expands, there should be profits, right? Where exactly are the costs going?
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CodeZeroBasis
· 8h ago
Income skyrocketed, but profits still lost? This operation is a bit outrageous. If OTC business is so profitable, why did it end up losing... How great must the cost pressure be?
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FreeRider
· 8h ago
Revenue skyrocketed by 451% but still lost money. I know this trick well—scaling up to exchange for profit.
New Fire Technology Holdings delivered an impressive 2025 performance report. According to the latest financial statements, the group's total revenue for the year reached HKD 8.66 billion, a surge of 451.8% compared to the same period last year. The main growth driver was the expansion of the cryptocurrency OTC business. However, there was a reversal on the profit side—the group shifted from profit to loss, ultimately recording a net loss of approximately HKD 9.7 million. In comparison, the net profit for the same period in 2024 was about HKD 56.3 million, making this contrast noteworthy. The coexistence of explosive revenue growth and profit decline highlights the need to consider underlying cost pressures and changes in market competition.