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The latest update is out from Coolpad Group ( (HK:2369) ).
Coolpad Group has warned investors that its loss attributable to shareholders for 2025 will narrow significantly to between HK$105 million and HK$125 million, from HK$252 million a year earlier. The improvement comes despite declines in revenue and gross profit, as the company exited loss-making smartphone products, granted rental concessions to tenants in Shenzhen, and focused on sustainable income streams.
The reduced loss is mainly driven by a sharp cut in administrative expenses of about HK$55 million and a HK$168 million rise in other income and gains from disposing of its CLSK investment and transferring certain patent rights. The figures are based on unaudited management accounts and may change, but the update signals progress in Coolpad’s cost control and asset monetisation strategy, with implications for its future financial stability and competitiveness in the crowded smartphone market.
The most recent analyst rating on (HK:2369) stock is a Sell with a HK$0.69 price target. To see the full list of analyst forecasts on Coolpad Group stock, see the HK:2369 Stock Forecast page.
More about Coolpad Group
Coolpad Group Limited is a Hong Kong-listed technology company incorporated in the Cayman Islands that operates primarily in the smartphone sector. The group also derives income from property-related activities in Shenzhen, positioning itself within both the consumer electronics and ancillary property leasing markets, where it faces intense competition and shifting profitability dynamics.
YTD Price Performance: -32.29%
Average Trading Volume: 1,050,130
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$215.8M
See more insights into 2369 stock on TipRanks’ Stock Analysis page.