---
title: "CROSSTEC expects a loss of up to 135 million yuan last year"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/276001763.md"
description: "CROSSTEC issued a profit warning, expecting a net loss of between 123 million and 135 million yuan for the fiscal year 2025, compared to a net loss of 13.1 million yuan in the previous year. The significant increase in losses is mainly due to a one-time loss of approximately 120 million yuan from the issuance of convertible bonds"
datetime: "2026-02-15T10:07:59.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/276001763.md)
  - [en](https://longbridge.com/en/news/276001763.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/276001763.md)
---

# CROSSTEC expects a loss of up to 135 million yuan last year

CROSSTEC (03893.HK) issued a profit warning, expecting a net loss of between HKD 123 million and HKD 135 million for the fiscal year 2025, compared to a net loss of HKD 13.1 million in the previous year. The significant increase in losses is mainly due to a one-time loss of approximately HKD 120 million from the issuance of convertible bonds

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