iDreamSky Technology Reports a Return to Profitability with Adjusted Profit of HKD 95.1 Million for H1 2025
Reuters
Aug 28
<a href="https://laohu8.com/S/01119">iDreamSky</a> Technology Reports a Return to Profitability with Adjusted Profit of HKD 95.1 Million for H1 2025
iDreamsky Technology Holdings Ltd. has announced its unaudited consolidated results for the six months ended 30 June 2025. The company reported a profit before income tax of 34.741 million, a significant improvement from the loss of 107.393 million recorded in the corresponding period of 2024. The profit for the period also showed a positive shift, standing at 32.952 million compared to a loss of 109.279 million in the previous year. The adjusted profit for the period was reported at 95.139 million, a substantial increase from 3.297 million in the first half of 2024. This metric was calculated by excluding items not indicative of the company's core operating performance, such as share-based compensation and fair value losses/gains on financial assets. The company also reported an EBITDA of 110.863 million, up from 11.719 million in the same period last year. The adjusted EBITDA was 164.216 million, compared to 100.087 million in the previous year. The business review and outlook section of the announcement did not provide specific forward-looking guidance or forecasts.
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