FilingReader Intelligence

Coolpad Group expects reduced interim loss amid adjustments

August 13, 2025 at 05:04 PM UTCBy FilingReader AI

Coolpad Group expects its loss attributable to owners for the six months ended June 30, 2025 to be between HK$76.0 million and HK$82.0 million, down from HK$90.2 million in the prior year.

The reduction stems from a HK$13.0 million decrease in administrative expenses and a HK$25.0 million increase in other income and gains from fair value changes of investments. Revenue and gross profit are projected to decline due to intense smartphone market competition.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

HKEX:2369Hong Kong Exchange

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