Hangzhou Electronic Soul Network Projects 2025 Net Loss of 1.6-2.3 Billion Yuan Attributable to Parent

Stock News01-20

Hangzhou Electronic Soul Network Technology Co.,Ltd. (603258.SH) has issued its annual performance forecast for 2025, anticipating a net loss attributable to owners of the parent company in the range of 160 million to 230 million yuan.

The primary reasons for the projected loss include a significant decline in game recharge revenue from Xiamen Youdong Network Technology Co., Ltd., a wholly-owned subsidiary acquired by the company, which has substantially impacted profits.

This downturn has also led to clear indicators of goodwill impairment, with the estimated provision for goodwill impairment expected to increase significantly year-on-year; the final impairment amount will be subject to assessments by intermediaries and auditing.

Furthermore, during the reporting period, revenue from several of the company's existing games decreased considerably compared to the previous year, which also exerted a major adverse effect on overall performance.

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