MEDIWELCOME Forecasts Profit Turnaround for First Half with Net Profit No Less Than 17 Million Yuan

Stock News07-28

MEDIWELCOME (02159) has released a positive profit alert, with the board of directors expecting the group to record a significant performance increase for the six months ended June 30, 2026.

The company anticipates a net profit of no less than 17 million yuan for the period, marking a sharp turnaround from a loss of approximately 4.1 million yuan recorded in the same period last year.

This shift from loss to profit is primarily attributed to two key factors: the group's revenue has surged over 80% compared to the previous corresponding period, with AI-related revenue now accounting for more than 80% of total revenue; and the group's gross profit margin has risen to above 30%.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment