CMGE expects FY2025 net loss of no more than RMB1.5 billion

Reuters
Mar 15
CMGE expects FY2025 net loss of no more than RMB1.5 billion

CMGE expects a net loss of no more than RMB1.5 billion for the year ended 31 December 2025, compared with about RMB2.1 billion in 2024. The company said the outlook reflects lower non-operating other expenses of about RMB1.1 billion in 2025 versus about RMB1.7 billion in 2024. It attributed the change mainly to a significantly lower goodwill impairment at subsidiary Wenmai Hudong and reduced fair value losses on financial assets measured at fair value through profit or loss.

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