CHINA PARTYTIME issues a profit warning, expecting a mid-term net loss of approximately 46 million to 49 million yuan
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CHINA PARTYTIME issued a profit warning, expecting a net loss of between HKD 46 million and HKD 49 million for the six months ending June 30, 2025, compared to a net loss of HKD 527,000 for the same period in 2024. The increase in losses is mainly due to adverse macroeconomic conditions and a decline in the export trade environment, with expected revenue to decrease by more than 20%. In addition, impairment losses on properties and equipment are confirmed to be approximately HKD 47.2 million
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