HK Stock Market Move | BEISEN HOLDING(09669) fell by over 8%, institutions estimate that the company's adjusted net loss for FY25 will be approximately 60 million yuan.

BEISEN HOLDING (09669) fell by more than 8%, falling by 8.06% to 5.7 Hong Kong dollars with a trading volume of 41.885 million Hong Kong dollars as of press time. On the news front, EB SECURITIES recently released a forecast for BEISEN HOLDING's FY25 performance, with the bank predicting that BEISEN HOLDING's total revenue for FY25 will reach 940 million RMB, an increase of about 10% year-on-year. Among them, revenue from cloud HCM solutions is expected to reach 730 million RMB (+16% yoy), while revenue from professional services is expected to reach 210 million RMB (-6% yoy). The bank forecasts a net adjusted loss of about 60 million RMB for FY25, corresponding to an adjusted net loss rate of -6.4%. The bank stated that considering the macroeconomic recovery still requires time and weak purchasing intentions from users for recruitment, assessment, and other modules, it has revised down the company's operating revenue for FY25-FY26 to 940/1040 million RMB (compared to the previous forecast of -10%/-15%) and added a revenue forecast of 1.15 billion RMB for FY27.