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FINWIRES

Kunlun Tech Books Flat Net Loss, Revenue Jumps 45%; Shares Down 3%

-- Kunlun Tech (SHE:300418) booked 1.59 billion yuan in attributable net loss in 2025, virtually unchanged from a year earlier, according to a filing with the Shenzhen Stock Exchange on Friday.

Loss per share narrowed slightly to 1.28 yuan from 1.30 yuan.

Revenue, however, jumped 45% to 8.2 billion yuan from 5.66 billion yuan, which the company attributed to its overseas expansion, among other factors.

In the fourth quarter of 2025 alone, the internet platform's net loss totaled 927.4 million yuan, while revenue reached 2.39 billion yuan. Kunlun did not provide year-ago figures.

Shares of the company fell 3% in recent trade.

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