Qunabox Forecasts Turnaround to Profit in 2025

MT Newswires Live
01/16

Qunabox (HKG:0917) expects a net profit of between 270 million yuan and 330 million yuan for the year 2025, compared with a net loss of 1.66 billion yuan a year prior, according to a Friday Hong Kong bourse filing.

The marketing services company attributed the forecast mainly to improved operating efficiency and delivery capacity due to the implementation of AI-related technological capabilities, leading to a higher revenue.

There was also the absence of a one-time fair value loss from the conversion of certain convertible redeemable preferred shares into ordinary shares as was seen in the previous year.

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