China Literature Ltd. has issued a profit warning for the financial year ended December 31, 2025, expecting to record an IFRS loss attributable to equity holders of approximately RMB750 million to RMB850 million. This represents a significant increase in losses compared to the IFRS loss of RMB209 million recorded in the previous year. The company attributed the larger loss primarily to an estimated RMB1,800 million impairment of goodwill. The performance of its subsidiary, New Classics Media, was also impacted by a more cautious production strategy and extended timelines for long-form drama and film projects, which affected profit projections. The audited annual results are expected to be published on March 17, 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Literature Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260210-12021152), on February 10, 2026, and is solely responsible for the information contained therein.