Xiabuxiabu (00520.HK) issues a profit warning, expecting a mid-term net loss of approximately 29 million to 39 million yuan.

Zhuhai Finance APP reported that Xiaobu Xiaobu (00520.HK) announced that the Group expects its revenue for the six months ending June 30, 2026, to be approximately RMB 1.5 billion, a decrease of about 23% compared to the revenue for the six months ending June 30, 2025. However, compared to the net loss of approximately RMB 81 million recorded for the six months ending June 30, 2025, the Group anticipates that its net loss for the six months ending June 30, 2026, will be between approximately RMB 29 million and RMB 39 million, significantly narrowing the loss compared to the same period in 2025, with a reduction rate between approximately 64% and 51%.