Core Viewpoint - Coolpad Group (02369) reported a loss attributable to shareholders of approximately HKD 90.2 million for the first half of 2024, with an expected loss of HKD 76 million to HKD 82 million for the first half of 2025 [1] Financial Performance - The company's revenue for the current period decreased by approximately HKD 77 million compared to the previous period, primarily due to intense competition in the smartphone market [1] - Gross profit for the current period decreased by approximately HKD 28 million compared to the previous period, attributed to sustainable development initiatives and rental concessions offered to tenants in Shenzhen properties [1] Strategic Adjustments - The company has implemented strategic adjustments, including the termination of several loss-making and negative gross profit products to enhance business efficiency [1] - Administrative and other expenses were reduced by approximately HKD 13 million in the current period due to strategic cost control measures and optimized resource allocation [1] Other Income - Other income and profits increased by approximately HKD 25 million, mainly due to changes in the fair value of investments [1]
酷派集团发盈警 预期上半年公司拥有人应占亏损约7600万-8200万港元