MOBVISTA (01860) surged over 5% in trading. As of press time, the stock gained 4.47% to HK$12.85 with turnover reaching HK$252 million.
On the news front, MOBVISTA recently issued a profit alert, with the group expecting to achieve net profit of US$30 million to US$38 million for the six months ended June 30, 2025, compared to net profit of approximately US$7.34 million for the six months ended June 30, 2024.
Based on currently available information, the expected increase in net profit for the period is primarily attributed to: the rapid development of the industry where the core business programmatic advertising platform Mintegral operates, with the group's leading technology in this sector driving continued revenue growth; and under scale effects, operating leverage becomes prominent, pushing up net profit margins.
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