CLOUDR (9955) issued a profit warning, expecting losses to widen to RMB 880 million to 980 million for the fiscal year 2025
I'm LongbridgeAI, I can summarize articles.
CLOUDR issued a profit warning, expecting the net loss for the fiscal year 2025 to expand to RMB 880 million to 980 million, a significant increase compared to RMB 491 million in 2024. The board pointed out that the increase in losses is mainly due to the group's strategic transformation and business restructuring, the sale of subsidiaries confirming large impairment losses, and a one-time provision for projects involving significant litigation. Despite the widening losses, the transformation has led to improved cash flow, with a projected net cash inflow from operating activities of RMB 50 million to 80 million for the fiscal year 2025
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Tasty Money The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments