MEITU Shares Surge Over 8% on H1 Profit Forecast and AI Revenue Growth

Stock News07-31

MEITU (01357) shares jumped more than 8% in trading, reaching HK$4.63 as of press time on a turnover of HK$270 million. The company disclosed that as of June 2026, its paying subscriber base exceeded 18.44 million, setting a new record.

Revenue from imaging and design products grew 30.9% year-on-year to approximately RMB 1.8 billion. Additionally, AI productivity applications achieved a 47.8% year-on-year increase in annual recurring revenue (ARR). Under non-IFRS measures, MEITU forecasts a 36% to 40% rise in adjusted net profit attributable to equity holders for the first half of 2026.

The company is scheduled to release its official 2026 interim results on August 26.

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