MEITU announces positive earnings forecast, expecting adjusted net profit attributable to shareholders to increase by approximately 65% to 72% year-on-year for the interim period
MEITU announced a positive profit forecast, expecting a year-on-year growth of approximately 65% to 72% in adjusted net profit attributable to the parent company for the six months ending June 30, 2025. This growth is primarily driven by the rapid increase in revenue from its core business "Imaging and Design Products," with the rise in the number of paid subscription users promoting the development of high-margin businesses. Meanwhile, the increase in total operating expenses is lower than the growth in gross profit, enhancing operational leverage and further strengthening profitability
According to the announcement from MEITU (01357), based on non-International Financial Reporting Standards, for the six months ending June 30, 2025 (the current period), the group's adjusted net profit attributable to equity holders of the parent company is expected to achieve a year-on-year growth of approximately 65% to 72% compared to the six months ending June 30, 2024 (the same period last year).
The significant improvement in the group's profitability is mainly due to the rapid growth in revenue from its core business "Image and Design Products," which is attributed to the increase in the number of paid subscription users over the past six months. This business has a high gross profit margin, and its proportion of overall revenue continues to expand, driving the group's overall gross profit and gross profit margin to grow year-on-year. At the same time, benefiting from the increase in comprehensive operating expenses being lower than the increase in gross profit during this period, the operating leverage effect has risen, further enhancing profitability
