OneForce Holdings warns of significant interim profit drop, increased losses

OneForce Holdings Limited expects to report a significant increase in loss attributable to shareholders for the six months ended September 30, 2025, ranging from approximately RMB66 million to RMB71 million. This compares to a loss of approximately RMB14 million for the corresponding period in 2024. Revenue for the period is projected to decrease to between RMB120 million and RMB130 million, down from RMB180 million in the previous year.

The company attributes the projected decline in revenue to a reduction in projects undertaken, specifically mentioning a strategic decision to reduce projects with longer payment cycles to improve cash flow management. The increased loss is further explained by intensified market competition, which led to adjusted pricing for new projects aimed at securing long-term customers, and an increase in impairment losses.

Despite the anticipated losses, the board remains optimistic about the group's performance in the coming fiscal year, citing stable business operations. OneForce Holdings plans to focus on technology and product research and development, talent building, and capitalizing on opportunities in the energy internet and new infrastructure sectors in mainland China. Shareholders are advised to exercise caution and await the official interim results, expected in late November 2025.