DUIBA (01753) is expected to achieve a shareholders' share in losses in the first half of 2025.
Dui Ba (01753) announces that the Group expects to generate approximately RMB 3.5 billion in revenue in the first half of 2025.
DUIBA (01753) announced that the Group expects to achieve (i) revenue of approximately RMB 350 million in the first half of 2025, (ii) a loss not exceeding approximately RMB 25 million during the adjustment period, and (iii) a loss not exceeding approximately RMB 27 million for the first half of 2025 for the parent company.
The above changes are mainly due to the following reasons: (i) under the trend of continuous uncertainty in industry growth, advertising clients are more conservative in their budget planning, leading to a further reduction in the scale of internet advertising business; and (ii) the reduction in sales volume has resulted in further decline in the company's profitability.
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