META MEDIA Issues Profit Warning, Anticipates Net Loss of at Least RMB 35 Million for Fiscal Year 2025

Stock News
03/16

META MEDIA (00072) has announced that the group expects to report a consolidated net loss of no less than approximately RMB 35 million for the fiscal year ending December 31, 2025. This represents a significant shift from the consolidated net profit of approximately RMB 19 million recorded in the 2024 fiscal year. The board of directors attributes the anticipated loss primarily to continued global economic pressures in 2025, influenced by tense geopolitical situations and monetary policies in major economies. Coupled with a more cautious consumer market, brand clients have adopted a more conservative approach to advertising expenditures, leading to a decline in the group's overall gross profit margin compared to the previous year. Furthermore, the group recognized a net gain of approximately RMB 8.1 million from the termination of a lease in the 2024 fiscal year. This gain was of a one-time nature and did not recur in the 2025 fiscal year.

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