Changes in Hong Kong stocks | Rantu Auto (07489) fell by more than 11% in the afternoon, profit and loss in the first half of the year to 390 million yuan, and gross margin fell 3.7 percentage points

The Zhitong Finance App learned that Rantu Auto (07489) fell by more than 11% in the afternoon. As of press release, it was down 11.07% to HK$2.49, with a turnover of HK$368.374 million.

According to the news, Rantu Auto announced its 2026 interim results in the afternoon. In the first half of this year, the company achieved revenue of 18.159 billion yuan, an increase of 42.4% over the previous year; due to the rise in raw materials such as lithium carbonate and memory, net loss for the first half of 2026 was 390 million yuan, compared to 460 million yuan for the same period last year; gross margin was 17.7%, down 3.7 percentage points year on year. In the second half of the year, Rantu will launch a modified Rantu Dreamer 9 and an SUV to accelerate models such as the Rantu Dreamer Right Steering Edition and the Rantu Taishan to overseas markets.