MOBI Development Swings to Deeper Loss on Revenue Slump and Margin Pressure

The latest update is out from Mobi Development Co., Ltd. ( (HK:0947) ).

MOBI Development reported a sharp deterioration in its 2025 financial performance, with revenue falling 23.4% year-on-year to RMB394.54 million and gross profit margin narrowing from 13.0% to 10.1%. The company booked a loss and total comprehensive expense of about RMB93.94 million, equivalent to a basic loss per share of RMB11.73 cents, and the board decided not to recommend a final dividend, highlighting continued operating pressure and a cautious stance on capital returns.

The results reflect weaker sales, ongoing impairment charges on long-lived assets, and reduced but still significant research and development and administrative expenses, all of which weighed on profitability despite some other income and modest gains. Management is also proposing amendments to and adoption of a third amended and restated memorandum and articles of association, signaling a move to update its corporate governance framework as it navigates a challenging operating environment for telecom equipment suppliers.

The most recent analyst rating on (HK:0947) stock is a Hold with a HK$0.16 price target. To see the full list of analyst forecasts on Mobi Development Co., Ltd. stock, see the HK:0947 Stock Forecast page.

More about Mobi Development Co., Ltd.

MOBI Development Co., Ltd. is a Hong Kong-listed company incorporated in the Cayman Islands that operates in the telecommunications equipment sector. The group designs and manufactures radio frequency and wireless network infrastructure products for mobile operators and related customers, primarily serving the broader communications and network deployment market.

Average Trading Volume: 3,742,776

Technical Sentiment Signal: Buy

Current Market Cap: HK$176.1M

For a thorough assessment of 0947 stock, go to TipRanks’ Stock Analysis page.