VISION SYNERGY Issues Profit Warning, Forecasts FY2025 Net Loss of 168-180 Million Yuan

Stock News
Mar 27

VISION SYNERGY (00627) has announced that the group expects to report a net loss in the range of approximately RMB 168 million to RMB 180 million for the fiscal year ending December 31, 2025. This compares to a net loss of approximately RMB 1.0376 billion recorded for the 2024 fiscal year. The anticipated net loss is primarily attributed to several factors: (i) the group's expected total loss for the reporting year is not less than approximately RMB 64.9 million, compared to a total loss of about RMB 201 million in the previous fiscal year; (ii) the expected provision for litigation and tax surcharges for the reporting year is not less than approximately RMB 65.7 million, versus a provision of about RMB 141.7 million in the prior year; (iii) the anticipated financing costs for the reporting year are not less than approximately RMB 18.9 million, compared to financing costs of around RMB 213.5 million last fiscal year; and (iv) the expected administrative expenses for the reporting year are not less than approximately RMB 17.9 million, compared to administrative expenses of about RMB 28.5 million in the previous fiscal year.

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