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NEWBORNTOWN (09911.HK) Interim Net Profit Up 45.8% to USD99.33 million, No Dividend
2026-08-25 22:25:29
NEWBORNTOWN (09911.HK) announced its interim results for the six months ended June. Revenue rose 37% YoY to USD607 million. Net profit reached USD99.33 million, up 45.8%, with EPS of USD0.08. No dividend was declared. Adjusted profit during the period amounted to USD101 million, up 18.7%.

In 1H26, gross profit increased 42.1% to USD351 million, while gross margin rose 2 ppts to 57.8%. Among them, the gross margin of the social business increased 3.6 ppts to 57.2%, mainly benefiting from the deep application of AI capabilities to improve efficiency across the entire business process. The gross margin of the innovative business fell from 73.7% to 62.6%, attributable to higher costs from the group's active investment in its short drama business.

AASTOCKS Financial News
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This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.