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Mobi Development Co., Ltd. ( (HK:0947) ) has shared an update.
MOBI Development Co., Ltd. has issued a profit warning, expecting an unaudited consolidated net loss of approximately RMB32 million for the first half of 2025, slightly higher than the previous year’s loss. The loss is attributed to decreased sales revenue due to adjustments in domestic network construction demand and geopolitical factors, as well as a reduction in exchange gains. Despite these challenges, the company maintains a strong financial position and is optimistic about future growth, driven by new orders and strategic investments in research and development. MOBI is focusing on expanding its market presence and exploring new business areas, anticipating significant demand and performance growth in the coming years.
More about Mobi Development Co., Ltd.
MOBI Development Co., Ltd. operates in the telecommunications industry, focusing on the development and manufacturing of network infrastructure products such as antennas and smart applications. The company is actively engaged in research and development to align with industry trends and meet the evolving needs of domestic and international operators.
Average Trading Volume: 193,149
Technical Sentiment Signal: Sell
Current Market Cap: HK$92.07M
For detailed information about 0947 stock, go to TipRanks’ Stock Analysis page.