China Frontier Technology Narrows Annual Loss Despite Heavy Impairment Charges

Wisdom Sports Group ( (HK:1661) ) just unveiled an update.

China Frontier Technology Group reported a sharp rise in revenue to RMB223.49 million for 2025 from RMB78.07 million a year earlier, but remained loss-making as heavy impairment charges on trade and other receivables weighed on its results. The group narrowed its net loss to RMB32.75 million from RMB52.61 million, helped by gains on disposal of subsidiaries and lower administrative and selling expenses, although fair value losses on financial assets drove a wider overall comprehensive expense.

Operating loss improved to RMB29.18 million from RMB44.66 million despite increased cost of services, indicating some operational recovery even as credit risk and asset quality remained key pressure points. Basic and diluted loss per share narrowed to RMB0.17 from RMB0.28, signaling a reduced per-share loss for shareholders, while the results underscore ongoing restructuring efforts and portfolio adjustments as the company seeks a path toward sustainable profitability.

The most recent analyst rating on (HK:1661) stock is a Hold with a HK$0.96 price target. To see the full list of analyst forecasts on Wisdom Sports Group stock, see the HK:1661 Stock Forecast page.

More about Wisdom Sports Group

China Frontier Technology Group, listed in Hong Kong under stock code 1661 and incorporated in the Cayman Islands, operates in the services sector with a focus on technology-related offerings in mainland China. The group generates revenue from service-based activities and maintains various subsidiaries and associates, reflecting a diversified but still loss-making business profile in its current stage of development.

Average Trading Volume: 208,382

Technical Sentiment Signal: Buy

Current Market Cap: HK$228.4M

See more data about 1661 stock on TipRanks’ Stock Analysis page.