Quantgroup (HKG:2685) expects to record a net profit of 169.2 million yuan to 198.6 million yuan for 2025, representing an increase of 15% to 35% from a year earlier, according to a Tuesday Hong Kong bourse filing.

Shares of the e-commerce platform operator were up over 11% in Wednesday afternoon trade.

The expected increase was driven by steady growth in revenue from its key e-commerce platform, Yangxiaomie, and lower selling and marketing expenses as the company optimized its cost structure.

Quantgroup said its annual results are expected to be published by the end of March.