Autozi Internet Technology (Global) Ltd. Reports First Half Fiscal Year 2026 Financial Results
Summary
Autozi reported its first-half fiscal 2026 financial results and said revenue fell sharply to US$29.5 million. The company linked the decline to oil-market disruption and a strategic shift toward the new energy vehicle sector. Operating expenses rose, driven mainly by higher financing costs, and the company posted a larger net loss of US$13.8 million. Autozi also emphasized that it uses an online supply chain cloud platform and SaaS solutions to connect participants across the automotive ecosystem.
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