China Digital Video (8280) Announces Interim Results With Notable Revenue Decline

Bulletin Express
11/28

China Digital Video Holdings Limited (Stock Code: 8280) has released its unaudited consolidated interim results for the six months ended 30 September 2025. According to the announcement, revenue stood at approximately RMB5.51 million, compared to RMB67.31 million in the same period last year, reflecting a 91.8% decrease. The cost of sales declined to RMB3.53 million from RMB43.15 million, while the gross profit margin edged up slightly to 36.0% from 35.9%.

During the reporting period, the selling and marketing expenses were reduced to RMB10.06 million from RMB20.84 million, and administrative expenses fell to RMB10.69 million from RMB26.36 million. Research and development expenses also decreased to RMB6.13 million from RMB14.67 million, partly attributed to lower personnel costs. Finance costs dropped to RMB2.85 million from RMB5.28 million alongside reduced bank borrowings.

The announcement indicates a net loss of RMB34.88 million for the period, narrowing from a net loss of RMB43.58 million in the comparable period of 2024. As stated, no dividend was declared. The company reported no extraordinary acquisitions or disposals during the period and noted no significant events subsequent to 30 September 2025.

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