- **Recon Technology, Ltd** reported a **3.7% decrease** in total revenue, reaching **RMB66.3 million ($9.3 million)** for the fiscal year ended June 30, 2025, down from RMB68.8 million ($9.6 million) in the same period of 2024.  **[1442620_20251014CN95764:0]** 
- The company's **gross profit decreased** to **RMB15.2 million ($2.1 million)**, with the gross margin falling to **23.0%** for fiscal year 2025, compared to 30.3% for fiscal year 2024.  **[1442620_20251014CN95764:0]** 
- **Net loss** for fiscal year 2025 was **RMB43.7 million ($6.1 million)**, an improvement from a net loss of RMB51.4 million ($7.2 million) in the prior fiscal year.  **[1442620_20251014CN95764:0]** **[1442620_20251014CN95764:3]** 
- Management noted that **oil price fluctuations** impacted primary clients, leading to reduced capital expenditures and negatively affecting profitability.  **[1442620_20251014CN95764:0]** 
- To counter these challenges, the company secured **new clients outside the oilfield industry**, expanded its **overseas oilfield client base**, and began construction of a **Chemical Circular Factory**, which is anticipated to be completed by the end of 2025 and significantly enhance operations in fiscal year 2026.  **[1442620_20251014CN95764:0]**

Recon Technology (RCON)