SING LEE (08076) expected mid-term loss to decrease to approximately 7 million RMB.

SING LEE (08076) announces that the group is expected to reduce its losses to approximately RMB 7 million for the six months ending June 30, 2025, compared to a loss of approximately RMB 10.426 million for the six months ending June 30, 2024. The board of directors believes that the main reason for the decrease in losses is the reversal of impairment losses related to long-term overdue accounts receivable; compared to the losses recorded in 2024, gains from exchange rate fluctuations have increased, leading to a shift from other losses to income, as well as ongoing cost savings resulting in a reduction in management expenses.