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BILIBILI-W: Focus To Be on Healthy Rev. Growth/ Sustainable Profit Expansion Strategies in Future w/ Confidence in Achieving Medium-to-long-term Profit Margin Targets
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BILIBILI-W (09626.HK)'s CFO, Fan Xin, said during the earnings conference call that 3Q25 revenue grew by 5% YoY, while gross profit increased by 11%.

The Company's gross profit margin has risen for 13 consecutive quarters, with this trend expected to continue throughout the year, reaching 37% in 4Q25. The Company's interim gross profit margin target of 40-45% remains unchanged.

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Furthermore, adjusted operating profit surged over 150% YoY, with the adjusted operating margin hiking from 3.7% to 9%. The Company anticipated this figure to further rise to approx. 10% in 4Q25, steadily progressing towards its interim adjusted operating margin target of 15%.

The Company has observed the resilience of BILIBILI-W's business model, and will focus on strategies for healthy revenue growth and sustainable profit expansion in the future, with confidence in achieving its medium-to-long-term profit margin targets.
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