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MEITU Predicts Interim Adj. NP to Climb Up to 40% YoY
2026-07-30 18:11:31 MEITU (01357.HK) announced that for the six months ended June 30, 2026, revenue from its core business of Photo, video and design products increased by 30.9% YoY to approximately RMB1.8 billion. Among which, revenue from Applications for Productivity increased by 40.1% YoY and accounted for over 18% of revenue from Photo, video and design products. As the Group exited the stock photo business by the end of 2025, such YoY growth rate is presented on a like-for-like basis, excluding the contribution from this legacy business in the six months ended June 30, 2025 to better reflect the growth momentum of its Applications for Productivity. Revenue from Applications for Leisure increased by 32.3% YoY and accounted for approximately 82% of revenue from Photo, video and design products. Adjusted net profit for the Period may record a YoY increase of between 36% and 40% on a non-IFRS basis. Such strong growth momentum was primarily driven by revenue growth in the Group’s core business of Photo, video and design products, fueled by a continuing growth in paying subscribers and an increase in average revenue per paying user. Gross profit growth, driven by such revenue momentum, has exceeded that of operating expenses. The resulting operating leverage has amplified the Group’s profitability relative to its gross profit growth. ~ AASTOCKS Financial News Website: www.aastocks.com | |