VOICECOMM (02495) Issues Profit Alert, Anticipates 2025 Net Profit of at Least RMB 120 Million

Stock News
Mar 05

VOICECOMM (02495) announced that the Group expects to achieve a net profit of no less than RMB 120 million for the fiscal year ending December 31, 2025. This represents a significant turnaround compared to the net loss of approximately RMB 481 million reported for the year ended December 31, 2024. Based on currently available information, the Board of Directors attributes this anticipated shift to profitability primarily to a loss of RMB 633 million recorded in the 2024 fiscal year. This loss was related to changes in the carrying value of redeemable investments. Following the completion of the company's global offering, the balance of the redeemable investments was reclassified from financial liabilities to equity. Consequently, the impact of changes in the carrying value of these redeemable investments has ceased and did not affect the Group's financial statements for the 2025 fiscal year.

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