NEWLINK TECH (09600) announced its performance in 2025, with a net loss attributable to owners of approximately 188 million yuan, a year-on-year increase of 103.26%.

NEWLINK TECH (09600) announced its performance for 2025, with revenue of approximately 309 million yuan, a year-on-year increase of 10.73%; the company's owners' share of losses was approximately 188 million yuan, a year-on-year increase of 103.26%; resulting in a loss per share of 20.04 cents. In 2025, although the group achieved improvements in revenue and gross profit year-on-year, the significant increase in expected credit losses provision for accounts receivable, contract assets, and other receivables by 54.9 million yuan, a decrease in value of property and equipment, rights of use assets, and intangible assets by 17.8 million yuan, and a substantial increase in fair value losses on equity investments included in profit or loss by 14.2 million yuan, all contributed to the group's increased losses of 95.3 million yuan compared to the 2024 fiscal year.