UBOX ONLINE (02429) issued a profit warning, expecting a decrease of approximately 64% in net loss for the 2025 fiscal year compared to the previous year.

date
19:42 13/03/2026
avatar
GMT Eight
Youbao Online (02429) announces that the group's net loss for the fiscal year ending December 31, 2025 is expected to decrease by approximately 64% compared to the fiscal year ending December 31, 2024.
UBOX ONLINE (02429) announces that the Group is expected to significantly reduce its net loss for the year ending December 31, 2025 (2025 fiscal year) compared to the year ending December 31, 2024 by approximately 64%. The expected decrease in net loss for the 2025 fiscal year is mainly attributable to the following factors: (i) a significant decrease in share-based compensation expenses; (ii) a decrease in impairment losses on goodwill and investment impairment losses accounted for using the equity method; (iii) a decrease in fair value losses on financial assets measured at fair value through profit or loss; and (iv) a decrease in operating losses.