Linmon Media Limited (09857.HK): Expected H1 Net Profit to Surge Around 77.7% to 255.4% Year-on-Year

NewTimeSpace News: Linmon Media Limited announced on 6 August that it expects net profit, net profit attributable to owners and adjusted net profit for the six months ended 30 June 2026 to range from approximately RMB20 million to RMB40 million.

NewTimeSpace News: On 6 August 2026, Linmon Media Limited (09857.HK) issued a positive profit forecast. Based on preliminary assessment of the unaudited consolidated management accounts for the first half of 2026, the Group anticipates net profit, net profit attributable to owners and adjusted net profit to fall within RMB20 million to RMB40 million. For the same period last year, net profit attributable to owners stood at roughly RMB10.8 million and adjusted net profit at around RMB14.4 million, representing notable year-on-year growth across all metrics.

The announcement stated that the performance growth is mainly driven by rising revenue from broadcast of premium copyrighted drama series, further improved financial performance of the short drama business, enhanced quality and efficiency as well as expense optimisation through deepened comprehensive budget management.

NewTimeSpace Disclaimer: All content herein is the original work of NewTimeSpace. Any reproduction, reprinting, or use of this content in any other manner must clearly indicate the source as "NewTimeSpace". NewTimeSpace and its authorized third-party information providers strive to ensure the accuracy and reliability of the data, but do not guarantee the absolute correctness thereof. This content is for reference only and does not constitute any investment advice. All transaction risks shall be borne by the user.

Related Topics
×
Share to WeChat

Open WeChat, use the "Scan", and share to my Moments.