CHINA LIT (00772) expects FY25 loss to widen X
11/02/2026 10:27
(Infocast News)    CHINA LIT (00772) issued a profit warning. 

The Group expects to record an IFRS (International Financial Reporting Standards) loss attributable to equity holders of the Company of approximately RMB750 million to RMB850 million for the 2025 Financial Year, compared to an IFRS loss attributable to equity holders of the Company of RMB209 million recorded for the year ended December 31, 2024, mainly attributable to an impairment of goodwill arising from the acquisition in 2018 of New Classics Media Holdings Limited. The impairment charge is non-cash in nature, and therefore is not expected to affect the Group’s cash flow, nor is it included in its measurement of non-IFRS financials. (WL)

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