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NET-A-GO TECH issued a profit warning, expecting a total comprehensive loss attributable to shareholders of no less than…

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NET-A-GO TECH issued a profit warning, expecting a consolidated loss attributable to shareholders of no less than HKD 50 million for the fiscal year 2025, a significant increase from approximately HKD 24.8 million for the fiscal year 2024. The increase in losses is mainly due to impairment losses resulting from the termination of related contracts for advertising distribution rights

According to the announcement from NET-A-GO TECH (01483), compared to the total comprehensive loss attributable to equity holders of the company of approximately HKD 24.8 million for the year ending December 31, 2024, the group expects to incur a total comprehensive loss attributable to equity holders of the company of no less than HKD 50 million for the year ending December 31, 2025. The significant increase in the total comprehensive loss attributable to equity holders of the company is mainly due to the impairment loss from the advertising distribution rights resulting from the termination of related distribution contracts

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