Telling Telecommunication forecasts significant half-year net loss

Telling Telecommunication Holding forecasts a net loss of CNY 50-65 million for the first half of 2025, compared to a CNY 9.78 million profit in the same period last year.

Operating revenue is expected to fall 7.94% to 15.77% to CNY 4.3-4.7 trillion from CNY 5.105 trillion previously. The company attributed the decline to market conditions affecting communication product distribution, leading to reduced sales revenue and lower gross profit margins.