FORGAME (00484) Issues Profit Warning, Expects First-Half Losses to Surge to Approximately HK$21 Million

Stock News
08-01

FORGAME (00484) announced that the group expects to record losses of approximately HK$21 million in the first half of 2025, representing an increase in losses of HK$17 million year-on-year. The expected increase in losses is primarily attributed to investment income of approximately RMB 4 million for the six months ended June 30, 2025, which nevertheless represents a decrease of approximately RMB 42 million compared to the same period last year. However, benefiting from the group's effective cost control measures, daily operational expenses decreased by approximately RMB 21 million during the reporting period, and the company recovered RMB 3 million from previously impaired corporate loans.

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