Coolpad Group (02369.HK) issued a profit warning, expecting a loss between 0.22 billion to 0.225 billion yuan for the year ending 2023, compared to a profit of 0.625 billion yuan recorded in the previous year. The reduction in losses is mainly due to gross loss turning into gross profit, combined with significant reduction in sales and distribution expenses as well as administrative expenses.
《盈警》酷派集團(02369.HK)預告全年虧損收窄至2.2億元
Coolpad Group (02369.HK) has announced that its full-year loss is expected to narrow to 0.22 billion yuan.
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