---
title: "COOLPAD GROUP issued a profit warning, expecting an annual loss attributable to shareholders of approximately HKD 105 million to HKD 125 million"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/279059000.md"
description: "COOLPAD GROUP issued a profit warning, expecting a loss attributable to shareholders of approximately HKD 105 million to HKD 125 million for the fiscal year 2025, a decrease from HKD 252 million in 2024. Revenue is expected to decline by approximately HKD 233 million, mainly due to intense competition in the smartphone market, and the group will terminate the operation of several loss-making products. Meanwhile, gross profit is expected to decrease by approximately HKD 11 million due to the implementation of rental concessions to enhance cooperation with tenants"
datetime: "2026-03-13T14:18:35.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/279059000.md)
  - [en](https://longbridge.com/en/news/279059000.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/279059000.md)
---

# COOLPAD GROUP issued a profit warning, expecting an annual loss attributable to shareholders of approximately HKD 105 million to HKD 125 million

According to the announcement from COOLPAD GROUP (02369), as of the year ending December 31, 2024 (previous period), the company's attributable loss to owners is approximately HKD 252 million, and for the year ending December 31, 2025 (fiscal year 2025), the attributable loss to owners is expected to be approximately HKD 105 million to HKD 125 million.

The announcement states that the expected revenue and gross profit for fiscal year 2025 will decline compared to the previous period, mainly due to: the group's revenue in fiscal year 2025 is expected to decrease by approximately HKD 233 million compared to the previous period, primarily due to the intense competition in the smartphone market. To enhance business efficiency, the group is implementing strategic adjustments and proactively terminating the operation of several loss-making and negative gross profit products; the group's gross profit in fiscal year 2025 is expected to decrease by approximately HKD 11 million compared to the previous period, mainly because the group adheres to the concept of sustainable development and deepens relationships with tenants, implementing rent concessions for some tenants of Shenzhen properties to strengthen cooperation and is expected to lay a foundation for future revenue stability

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