SAMPLE TECH issues a profit warning, expecting the mid-term net loss attributable to the parent company to narrow year-on-year to between 10 million and 15 million yuan
SAMPLE TECH issued a profit warning, expecting the interim net loss attributable to shareholders for the period ending June 30, 2025, to narrow to between 10 million and 15 million yuan, compared to 15.47 million yuan in the same period last year. The performance loss is mainly due to the domestic market recovery being below expectations, intense industry competition, and the impact of litigation, resulting in a decline in business revenue, with an expected revenue decrease of 20%-30% compared to the same period last year
According to the announcement from SAMPLE TECH (01708), the group expects a net loss attributable to the shareholders of the parent company of approximately RMB 10 million to RMB 15 million for the six-month period ending June 30, 2025, compared to a net loss of approximately RMB 15.47 million for the same period last year, indicating a slight narrowing of the performance loss.
The main reasons for the performance loss are that the recovery of the domestic market is not as expected, and the industry is facing severe competition, leading to a decline in business revenue; in addition, the company's credibility has decreased due to litigation matters, making market expansion more difficult, which has caused a temporary impact on the company's current operating situation. The group expects a revenue decline of approximately 20%-30% compared to the same period last year for the six-month period ending June 30, 2025
