MemeStrategy Warns of Higher Loss For 2025

MT Newswires Live

03/16

MemeStrategy (HKG:2440) expects to post at least 150 million yuan in net loss for 2025, widening from a loss of 77.5 million yuan in 2024, according to a Hong Kong bourse filing Friday.

Shares of the data transmission and processing service provider for IOT applications were down 2% in late morning trade Monday.

The company attributed the widening of loss to a number of factors, including the impairment loss on trade receivables.

The firm's financial results are due by the end of March.

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