Coolpad FY2025 operating loss narrows 56% to HK$111 million; revenue drops 45.3% to HK$273 million

Reuters03-27
Coolpad FY2025 operating loss narrows 56% to HK$111 million; revenue drops 45.3% to HK$273 million
  • Coolpad published an announcement of final results, reporting revenue of HKD 273.1 million, down 45.3%, after it strategically adjusted its smartphone business and voluntarily ceased certain loss-making and negative gross profit products.
  • Loss before tax narrowed to HKD 140.8 million, improving 43.8%.
  • Loss attributable to owners was HKD 111.0 million, improving 56%, and basic and diluted loss per share was 28.15 HK cents.
  • Gross profit was HKD 58.8 million, down 18.7%, while gross margin rose to 21.54% from 14.48% due to rental concession measures for certain tenants in Shenzhen.
  • Management said it will keep an “asset-light and cash flow-focused” strategy in 2026, including continued AI terminal development and a shift since February to compliant computing power leasing in its digital currency business, with effective computing power of 1,504,800 TH/s as of year-end.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Coolpad Group Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260327-12074373), on March 27, 2026, and is solely responsible for the information contained therein.

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