BETTERLIFE HLDG (06909) Issues Profit Warning, Expects Interim Profit Attributable to Shareholders to Decline by Up to 80% Year-on-Year

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Aug 20

BETTERLIFE HLDG (06909) announced that the Group expects the profit attributable to owners of the Company for the six months ending June 30, 2025, to decrease by no more than 80% compared to the profit attributable to owners of the Company of approximately RMB 33.9 million for the six months ended June 30, 2024. The expected decrease in profit attributable to owners of the Company is primarily due to the impact of weak macroeconomic conditions and market sentiment, which led to reduced automotive sales revenue and further resulted in declining gross profit and gross profit margin during the period.

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