Kunlun: Expected net profit to be negative in 2025

Kunlun announced that it expects a net profit for the fiscal year 2025 to be negative, with a net profit attributable to shareholders of the listed company expected to be in the range of -1.95 billion yuan to -1.35 billion yuan, compared to -1.595 billion yuan in the same period last year; the net profit after deducting non-recurring gains and losses is expected to be in the range of -2.048 billion yuan to -1.448 billion yuan, compared to -1.643 billion yuan in the same period last year. The performance change is mainly due to the company's continued increased investment in market promotion and research and development, as well as a year-on-year revenue growth of over 40%, with the proportion of overseas revenue further increasing