SLING GROUP Reports Annual Profit Turnaround with Net Earnings of $4,400
Stock News
Mar 25
SLING GROUP (08285) announced its financial results for the year ended December 31, 2025. The group recorded revenue from continuing operations of RMB 65.603 million, representing a decrease of 1.5% compared to the previous year. The company achieved a net profit of RMB 4,400 for the year, a significant improvement from a net loss of RMB 10.689 million in the same period last year. Earnings per share were reported at RMB 0.01 cent.
According to the announcement, the enhanced performance was primarily driven by improved profit margins, a reduction in sales and distribution expenses, and lower administrative and other operating costs.
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