Forgame Holdings Ltd. Issues Profit Warning, Anticipates Increased Loss of RMB21 Million for First Half of 2025

Reuters
01 Aug
<a href="https://laohu8.com/S/FRGHY">Forgame Holdings Ltd.</a> Issues Profit Warning, Anticipates Increased Loss of RMB21 Million for First Half of 2025

Forgame Holdings Limited has issued a profit warning, indicating that the company expects to record a loss of approximately RMB21 million for the six months ending June 30, 2025. This marks an increase in loss of about RMB17 million compared to the same period in 2024, where the loss was around RMB4 million. The primary reason for the widened loss is attributed to a decrease in investment gains, which fell by approximately RMB42 million compared to the previous year, despite recording a RMB4 million investment gain in the current period. However, the company benefited from effective cost control measures that led to a reduction in daily operational expenses by approximately RMB21 million and a RMB3 million reversal in previously impaired corporate loans receivable. Forgame Holdings Limited is in the process of finalizing its 2025 interim results, with a detailed announcement expected by the end of August 2025. Shareholders and potential investors are advised to exercise caution when dealing in the company's shares.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Forgame Holdings Ltd. published the original content used to generate this news brief on August 01, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10