Mango Excellent Media Reports H1 Net Profit of RMB 202 Million, Down 73.58% Year-on-Year

Stock News08-21

Mango Excellent Media Co.,Ltd. (300413.SZ) has released its interim report for the first half of 2026, showing operating revenue of RMB 6.194 billion, a year-on-year increase of 3.86%.

Net profit attributable to shareholders of the listed company stood at RMB 202 million, a sharp decline of 73.58% compared to the same period last year. After deducting non-recurring gains and losses, net profit attributable to shareholders reached RMB 181 million, down 70.32% year-on-year. Basic earnings per share came in at RMB 0.11.

The profit pressure stems from a combination of factors: first, adjustments in cooperation models with certain distribution channels and the scheduling rhythm of key film and television dramas have led to a year-on-year decline in membership revenue; second, content costs have remained rigid, squeezing the gross margin of core businesses; and third, fluctuations in the fair value of investment targets have further weighed on profitability.

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