NET-A-GO TECH Issues Profit Warning, Anticipates FY2025 Loss to Widen Significantly

Stock News

03/24

NET-A-GO TECH (01483) announced that the group expects to report a consolidated loss attributable to company equity holders of not less than HKD 50 million for the fiscal year ending December 31, 2025. This compares to a total consolidated loss of approximately HKD 24.8 million for the previous year ended December 31, 2024. The substantial increase in the total consolidated loss is primarily attributed to impairment losses on advertising distribution rights resulting from the termination of related distribution contracts during the current year.

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