Yunxiang Technology (02131.HK) expects a net loss of approximately 45 million to 60 million yuan for the fiscal year 2025, significantly narrowing by over 87% year-on-year.
According to the Zhizhong Financial APP, Yunxiang Technology (02131.HK) announced that it expects the group to report a net loss of approximately RMB 45 million to 60 million for the fiscal year ending December 31, 2025, significantly narrowing from the net loss of approximately RMB 462 million for the fiscal year ending December 31, 2024, by over 87%. The overall loss situation of the group for that fiscal year has significantly improved compared to the corresponding period, mainly due to the group's proactive optimization of its business structure, including reducing low-margin businesses and effectively controlling personnel and operational costs. Additionally, several impairment provisions recognized in the corresponding period did not recur in that fiscal year. The group's management is actively promoting cost reduction and efficiency enhancement measures, focusing on core high-value businesses, with results gradually becoming evident.
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