QEEKA HOME (01739) Issues Profit Warning, Anticipates Net Loss Attributable to Shareholders of Approximately RMB 40-70 Million for 2025 Fiscal Year

Stock News
03/16

QEEKA HOME (01739) announced that the Group expects to record a net loss attributable to the company's equity holders ranging between RMB 40 million and RMB 70 million for the fiscal year ending December 31, 2025. This compares to an audited net loss attributable to equity holders of approximately RMB 127 million for the 2024 fiscal year. The Group also anticipates an adjusted net loss attributable to equity holders (a non-IFRS measure) for the 2025 fiscal year to be between RMB 100 million and RMB 130 million, compared to an audited adjusted net loss attributable to equity holders of about RMB 94 million for the 2024 fiscal year. Based on currently available information, the Group's performance in 2025 is primarily affected by the ongoing cyclical adjustments in the domestic real estate industry, which has led to a slower-than-expected recovery in the Group's domestic operations. Concurrently, the Group's international business achieved rapid growth during the year but remains in an investment and expansion phase, resulting in temporary losses.

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