Voyah Automotive set for worst day on swinging to first-half loss

Voyah Automotive Technology

27/08/2026 08:10

** Shares of Voyah Automotive Technology 7489.HK drop 12.1% to HK$2.46, the lowest point and the biggest one-day pct decline since their debut on March 19
** Stock on course for the fourth straight session of decline
** China-based new energy vehicle producer posted first half net loss of 389.1 million yuan ($57.90 million) vs 464.3 million yuan profit a year ago; revenue up 42.4% y/y to 18.16 billion yuan, and gross profit margin reduced to 17.7% from 21.4% a year ago  
** Stock started trading on March 19 after the firm sought a Hong Kong listing by way of introduction without selling any shares 
** YTD, Hang Seng TECH Index .HSTECH down 16.2%


($1 = 6.7206 Chinese yuan renminbi)

 (Reporting by Donny Kwok)
 ((donny.kwok@thomsonreuters.com))