Stock Track | DAMAI ENT Soars 5.88% on Strong Earnings and Positive Analyst Outlook

Stock Track11-25

DAMAI ENT (01060) shares surged 5.88% in Tuesday's trading session, as investors reacted positively to the company's robust financial performance and optimistic analyst ratings. The entertainment giant's stock price movement reflects growing confidence in its diversified business model and expansion strategies.

The surge comes on the heels of DAMAI ENT's impressive financial results for the first half of fiscal year 2026, ending September 30, 2025. The company reported a 33% year-over-year increase in revenue, reaching RMB4.05 billion, while net profit attributable to shareholders rose by 54% to RMB520 million. This strong performance was primarily driven by the company's IP business, which saw its revenue double compared to the previous year, and steady growth in its core domestic concert revenue.

Adding to the positive sentiment, Shenwan Hongyuan reiterated its "Buy" rating on DAMAI ENT, highlighting the company's long-term potential in the high-growth live entertainment sector. The firm cited DAMAI's robust growth in IP-related revenue, successful expansion in performance business operations, and strategic initiatives in global markets as key factors supporting its bullish outlook. With the company's diversified portfolio spanning IP licensing, live entertainment, and content production, analysts believe DAMAI ENT is well-positioned to capitalize on the growing demand for entertainment services in China and beyond.

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