Risecomm Group Forecasts Narrower Loss in 2025; Shares Slide 10%

MT Newswires Live03-23

Risecomm Group (HKG:1679) expects an attributable loss of 37 million yuan for the year 2025, compared with 73 million yuan a year prior, according to a Friday Hong Kong bourse filing.

Shares of the software services provider were down over 10% in Monday afternoon trading.

The company attributed the forecast to a lower one-off corresponding impairment loss in the year.

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