CMGE Technology Forecasts Widening of H1 Loss

MT Newswires Live
Aug 20

CMGE Technology Group (HKG:0302) expects its loss for the first half of 2025 to more than double year-on-year, according to a Hong Kong bourse filing Tuesday.

The company is forecasting a loss of up to 650 million yuan, compared with 241.1 million yuan in losses posted in the year-ago period.

CMGE Technology's financial results are due by the end of August.

Shares of the mobile game developer fell nearly 16% in midday trade Wednesday.

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