MOBI DEV Reports Annual Financial Results with Narrowed Losses

Stock News
Mar 27

MOBI DEV (00947) announced its financial results for the year ended December 31, 2025. The group recorded revenue of RMB 394 million, representing a decrease of 23.41% compared to the previous year. The total annual loss and comprehensive expenses amounted to RMB 93.935 million, narrowing by 22.06% year-on-year. The loss per share was 11.73 cents.

According to the announcement, the year 2025 presented both challenges and opportunities. The telecommunications industry entered a period marked by the deep overlap of technological iteration and market adjustments. In the domestic market, 5G network construction has reached a mature stage, with efforts shifting towards deepening applications and building computing power networks, leading to a further contraction in demand for traditional base station construction. While overseas markets benefited from 5G deployment needs in emerging economies, the pace of global macroeconomic recovery fell short of expectations. Additionally, the ongoing evolution of the geopolitical landscape resulted in reduced demand in related markets and a slowdown in market expansion. These factors collectively contributed to a temporary decline in the group's overall sales revenue for 2025.

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