VOICECOMM (02495) announces profitable financial results, expecting a net profit of not less than 120 million yuan in 2025, turning from a loss to a profit year-on-year.
Sound Technology (02495) announced that the group expects to achieve a net profit of not less than RMB 120 million for the year ending December 31, 2025 (2025 fiscal year), while it incurred a net loss of approximately RMB 481 million for the year ending December 31, 2024.
VOICECOMM (02495) announced that the Group is expected to achieve a net profit of not less than RMB 120 million for the year ending December 31, 2025 (2025 financial year), while it incurred a net loss of approximately RMB 481 million for the year ending December 31, 2024.
Based on current information, the Board believes that the expected turnaround from loss to profit is mainly attributable to the Group incurring a loss of RMB 633 million in the 2024 financial year due to changes in the carrying amounts of redeemable capital. After the completion of the company's global offering, the remaining balance of redeemable capital has been reclassified from financial liabilities to equity. Therefore, the impact of changes in the carrying amounts of redeemable capital has ceased, and has not affected the Group's financial statements for the 2025 financial year.
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