VOICECOMM (02495) Issues Profit Alert, Anticipates 2025 Net Profit of at Least RMB 120 Million

Stock News

03/05

VOICECOMM (02495) announced that the Group expects to achieve a net profit of no less than RMB 120 million for the fiscal year ending December 31, 2025. This represents a significant turnaround compared to the net loss of approximately RMB 481 million reported for the year ended December 31, 2024. Based on currently available information, the Board of Directors attributes this anticipated shift to profitability primarily to a loss of RMB 633 million recorded in the 2024 fiscal year. This loss was related to changes in the carrying value of redeemable investments. Following the completion of the company's global offering, the balance of the redeemable investments was reclassified from financial liabilities to equity. Consequently, the impact of changes in the carrying value of these redeemable investments has ceased and did not affect the Group's financial statements for the 2025 fiscal year.

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This represents a significant turnaround compared to the net loss of approximately RMB 481 million reported for the year ended December 31, 2024. Based on currently available information, the Board of Directors attributes this anticipated shift to profitability primarily to a loss of RMB 633 million recorded in the 2024 fiscal year. This loss was related to changes in the carrying value of redeemable investments. Following the completion of the company's global offering, the balance of the redeemable investments was reclassified from financial liabilities to equity. 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