MOODY TECH HLDG(01400) announces a profit, expecting shareholders' net profit for 2025 to be approximately RMB 230 million to RMB 250 million, turning from a loss to profit year-on-year.
Man Group Technology Co., Ltd. (01400) announced that the board of directors expects that for the financial year ending December 31, 2024 (2024 financial year), the loss attributable to owners will be approximately RMB 88.4 million, compared to a profit attributable to owners of approximately RMB 230 million to RMB 250 million for the financial year 2025.
MOODY TECH HLDG (01400) announces that the board of directors expects the net loss attributable to owners for the year ending December 31, 2024 (2024 financial year) to be approximately RMB 88.4 million. In contrast, the group is expected to record a net profit attributable to owners for the 2025 financial year ranging between approximately RMB 230 million to RMB 250 million.
The turnaround from a loss in the 2024 financial year to a profit in the 2025 financial year is mainly due to profits from discontinued operations amounting to approximately RMB 256 million. This profit includes income from the sale of a subsidiary in the 2025 financial year amounting to approximately RMB 263 million.
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