Movement Alert|MEITU Rises 6.33% in Regular Trading, Interim Net Profit Surges 40% YoY with Record-High MAU

Market Focus08-27

On August 27, MEITU rose 6.33% in regular trading, trading at HKD 4.635/share, with turnover of HKD 205 million.

The rally was driven by the company's interim results released on August 26. Shareholder-attributable profit reached RMB 619 million, up 40% year-over-year, while total revenue from continuing operations grew 22.1% to RMB 2.213 billion. Adjusted net profit attributable to parent reached RMB 650 million, representing 39.5% YoY growth. Paid subscription users exceeded 18.44 million, up 19.7%, and monthly active users hit a record high of approximately 282 million.

AI productivity applications demonstrated strong momentum, with annualized recurring revenue of approximately RMB 620 million, up 47.8% YoY. Notably, ARR from Kaipai and Vmake Labs grew over two-fold and three-fold respectively. The company also announced an interim dividend of HKD 0.067 per share. Multiple investment banks including Citi, Goldman Sachs, and UBS currently maintain Buy ratings on the stock, with target prices ranging from HKD 7 to HKD 12.3.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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