MOBI DEV (00947) released its annual performance, with an annual net loss and total comprehensive expenses of RMB 93.935 million, a year-on-year decrease of 22.06%.
Mobi Development (00947) announced its annual performance for the year ended December 31, 2025. The group recorded a revenue of RMB 394 million, a decrease of 23.41% year-on-year. The total annual loss and comprehensive expenses amounted to RMB 93.935 million, narrowing by 22.06% year-on-year. The loss per share was 11.73 cents.
MOBI DEV (00947) announced its annual performance for the year ending December 31, 2025. The group achieved a revenue of RMB 394 million (in the same unit), a decrease of 23.41% compared to the previous year. The total comprehensive expenses for the year amounted to RMB 93.935 million, a decrease of 22.06% year-on-year. The loss per share was 11.73 cents.
The announcement stated that in 2025, challenges and opportunities coexisted. The communication industry is facing a period of deep integration of technological upgrades and market adjustments. In the domestic market, the construction of 5G networks has matured, with a further contraction in demand for traditional base station construction due to the deepening applications and network construction of computing power. In the international market, while benefiting from the deployment of 5G in emerging economies, the global macroeconomic recovery is slower than expected and geopolitical dynamics continue to evolve, leading to reduced market demand and a slowdown in market expansion, resulting in a temporary decline in the group's overall sales revenue in 2025.
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