GOGOX (02246) Issues Profit Warning, Expects Interim Shareholder Losses of Approximately RMB 100-120 Million
Stock News
Aug 25
GOGOX (02246) announced that the group expects to record a loss attributable to equity holders of approximately RMB 100 million to RMB 120 million for the six months ended June 30, 2025, compared to a loss attributable to equity holders of approximately RMB 82.4 million for the same period in 2024, representing an increase of approximately 21.4% to 45.7%. The increase in loss attributable to equity holders was mainly due to increases in cost of revenue, sales and marketing expenses, general and administrative expenses, and research and development expenses.
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