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ManDi Technology Co., Ltd. (01400.HK) Profit Warning: Expecting net profit of approximately 230 million to 250 million yuan in 2025, turning from loss to profit year-on-year
Gelonghui, March 25丨Mandi Technology Co., Ltd. (01400.HK) announced that the board of directors expects that for the fiscal year ending December 31, 2024 (“Fiscal Year 2024”), the loss attributable to owners will be approximately RMB 88.4 million, compared to a profit attributable to owners of between approximately RMB 230 million and RMB 250 million for Fiscal Year 2025. The loss in Fiscal Year 2024 turning into a profit in Fiscal Year 2025 is mainly attributed to the profit of approximately RMB 256 million from discontinued operations, which includes the gain from the sale of subsidiaries of approximately RMB 263 million occurring in Fiscal Year 2025.