Core Viewpoint - Liemeng Technology (02405) anticipates a significant decline in revenue and an increase in losses for the upcoming financial period due to reduced digital advertising budgets from clients amid global economic fluctuations and geopolitical uncertainties [1] Financial Performance - The company expects to generate revenue of approximately $3 million to $3.5 million for the six months ending June 30, 2025, compared to $7.4 million for the same period ending June 30, 2024 [1] - The anticipated loss attributable to equity shareholders is projected to be between $3.5 million and $4 million, contrasting with a profit of $400,000 for the six months ending June 30, 2024 [1] Factors Affecting Performance - The board attributes the revenue decline and losses to several factors, including significant cuts in digital advertising budgets by clients due to global economic volatility and geopolitical uncertainties [1] - The company has increased its bad debt provisions as a precautionary measure, considering the collection periods of certain clients [1] - There has been no significant improvement in the financial costs associated with the company's standardized digital marketing services [1]

Core Viewpoint - The company expects a significant decline in revenue and an increase in losses for the upcoming financial period due to reduced digital advertising budgets from clients amid global economic fluctuations and geopolitical uncertainties [1] Revenue Forecast - The company anticipates revenue of approximately $3 million to $3.5 million for the six months ending June 30, 2025, compared to $7.4 million for the same period ending June 30, 2024 [1] Profit and Loss Outlook - The company projects a loss attributable to equity shareholders of about $3.5 million to $4 million for the upcoming period, contrasting with a profit of $400,000 for the six months ending June 30, 2024 [1] Contributing Factors - The board attributes the revenue decline and losses to several factors, including: - Significant cuts in digital advertising budgets by clients due to global economic volatility and geopolitical uncertainties [1] - Increased bad debt provisions as a precautionary measure due to the collection periods of certain clients [1] - No significant improvement in financial costs associated with standardized digital marketing services [1]

Core Viewpoint - Liemeng Technology (02405.HK) anticipates a significant decline in revenue and an increase in losses for the six months ending June 30, 2025, compared to the same period in 2024 [1] Financial Performance - The company expects revenue to be approximately $3 million to $3.5 million for the upcoming period, a decrease from $7.4 million recorded for the six months ending June 30, 2024 [1] - The anticipated loss attributable to equity shareholders is projected to be around $3.5 million to $4 million, contrasting with a profit of $400,000 for the same period in 2024 [1] Contributing Factors - The decline in revenue and the emergence of losses are attributed to several factors: - Significant reductions in digital advertising budgets by clients due to global economic fluctuations and geopolitical uncertainties [1] - Increased provisions for bad debts as a precautionary measure, influenced by the collection periods of certain clients [1] - No significant improvement in financial costs associated with the company's standardized digital marketing services [1]