Beijing UBOX Online Technology Corp. (UBOX ONLINE, 02429.HK) released a profit alert indicating that the Group’s unaudited consolidated net loss for the year ended 31 December 2025 (FY2025) is expected to shrink by approximately 64% compared with FY2024.
Management attributes the anticipated improvement to four main factors: 1. A substantial decline in share-based compensation expenses. 2. Lower impairment charges on goodwill and on investments accounted for using the equity method. 3. Reduced fair-value losses on financial assets measured at fair value through profit or loss. 4. A narrower operating loss.
The figures are derived from preliminary internal accounts and have neither been audited nor reviewed by the Company’s external auditors or audit committee. Final FY2025 results are scheduled for release by the end of March 2026.
The Board advises shareholders and potential investors to exercise caution when dealing in the Company’s shares until the audited results are published.