ArtGo Holdings Issues Profit Alert: Significant Reduction in Net Loss for FY2025

Key Highlights

• ArtGo Holdings Limited expects to report a significantly reduced net loss for the year ended 31 December 2025 (FY2025).
• The estimated net loss for FY2025 is approximately RMB85 million, a substantial improvement compared to the net loss of around RMB285 million for the corresponding period in 2024 (FY2024).
• This represents a decrease in net loss of about RMB200 million year-on-year.

Details of Financial Performance and Key Drivers

The Board of Directors of ArtGo Holdings Limited announced that, based on preliminary assessments of the unaudited consolidated management accounts, the Group anticipates a net loss of RMB85 million for FY2025. This marked improvement is primarily due to the following factors:

1. Absence of Written-off Mining Rights:
   
   In FY2024, the Group recorded a significant one-off expense of approximately RMB234 million due to the written-off of mining rights. The absence of such a large non-recurring expense in FY2025 is a key reason for the reduction in net loss.
2. Impairment Losses in FY2025:
   
   For FY2025, the Group expects to recognize impairment losses of approximately RMB16 million on property, plant and equipment. While this is still a negative impact, it is considerably lower than the previous year’s write-offs.

Implications for Shareholders and Investors

• This profit alert is price sensitive information as it signals a major improvement in the company’s financial position, despite still being in a loss-making situation. The scale of the reduction in net loss could have a positive impact on investor sentiment and potentially the share price.
• The improvement is mainly due to the lack of substantial one-off losses seen in the prior year, rather than a dramatic increase in operational profitability. Investors should monitor future updates for any signs of sustainable profitability.
• The financial information disclosed is based on preliminary unaudited figures. The final audited annual results for FY2025 are expected to be published on 30 March 2026. Figures presented may be subject to further adjustments.
• Shareholders and potential investors are advised to exercise caution when dealing in the shares of the Company until the final results are announced.

Corporate Governance Update

As of the date of the announcement, the Board comprises a mix of executive, non-executive, and independent non-executive directors, ensuring a diverse oversight structure for the Group.

Conclusion

The anticipated dramatic reduction in annual net loss for FY2025 is a noteworthy development for ArtGo Holdings Limited and its stakeholders. The absence of large-scale write-offs that impacted FY2024’s results is the main driver behind this improvement. Investors are encouraged to stay updated as the Company finalizes its results and to approach trading with caution ahead of the official release on 30 March 2026.

Disclaimer: The information above is based on preliminary unaudited accounts and forward-looking statements made by ArtGo Holdings Limited. Actual results may differ following audit and further review. This article is for informational purposes only and does not constitute investment advice. Investors are urged to conduct their own research and consult financial advisors before making any investment decisions.

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