FORGAME (00484) Issues Profit Warning, Expects First-Half Losses to Surge to Approximately HK$21 Million

Stock News
01 Aug

FORGAME (00484) announced that the group expects to record losses of approximately HK$21 million in the first half of 2025, representing an increase in losses of HK$17 million year-on-year. The expected increase in losses is primarily attributed to investment income of approximately RMB 4 million for the six months ended June 30, 2025, which nevertheless represents a decrease of approximately RMB 42 million compared to the same period last year. However, benefiting from the group's effective cost control measures, daily operational expenses decreased by approximately RMB 21 million during the reporting period, and the company recovered RMB 3 million from previously impaired corporate loans.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10