Xinhuo Technology released its interim results report: Revenue of HK$3.456 billion, becoming the largest shareholder of BitTrade

PANews reported on May 27 that according to an announcement from the Hong Kong Stock Exchange, New Fire Technology Holdings released its interim results for the half year ending March 31, 2025, disclosing that the company's revenue was HK$3.456 billion, a year-on-year increase of 427.1%; the loss attributable to shareholders was HK$12.3 million, and the gross profit was HK$10.99 million.

In terms of exchange business, Xinhuo Technology has completed the acquisition of more than 50% of the shares of BitTrade, a Japanese compliant exchange. It has become BitTrade's current controlling shareholder with the largest shareholding. After the acquisition is completed, Xinhuo Technology will indirectly hold 92.31% of BitTrade's shares.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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