Flowing Cloud to Swing to H1 Loss; Shares Fall 12%

MT Newswires Live
08/12

Flowing Cloud Technology (HKG:6610) said it expects to swing to losses for the first half of 2025, according to a Hong Kong bourse filing Monday.

Shares of the virtual reality content firm declined over 12% in recent Tuesday trade.

The company is forecasting attributable losses of 100 million yuan to 130 million yuan for the six months ended June 30, compared to a profit of 63.5 million yuan in the year-ago period.

Flowing Cloud's financial results are due by the end of August.

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