DAMAI ENT Surges Over 6% Intraday, Forecasts Annual Net Profit to Increase by Over 700 Million Yuan

Deep News05-19

DAMAI ENT (01060) rose more than 6% during the trading session. At the time of writing, the share price was up 4.76%, trading at HKD 0.66 with a turnover of HKD 107 million.

The company plans to hold a board meeting on May 27 to consider and approve the audited consolidated final results for the financial year ending March 31, 2026. The company previously issued a positive profit alert, expecting that the net profit attributable to owners for the 12 months ending March 31, 2026, will be no less than RMB 700 million, compared to approximately RMB 364 million in the same period last year. Additionally, the film "A Letter to Grandma," in which Beijing DAMAI ENT Culture Co., Ltd. participated as a producer, continues to gain traction. The latest forecast from Maoyan Professional Edition predicts that the total box office for "A Letter to Grandma" is expected to reach RMB 1.6 billion.

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