MAIYUE TECH (02501) Issues Profit Alert, Forecasts Annual Profit of at Least RMB 4 Million

Stock News

03/17

MAIYUE TECH (02501) has announced a positive profit forecast. The group expects to record (1) annual revenue of no less than approximately RMB 350 million for the year ending December 31, 2025, representing an increase of no less than approximately 27.0% compared to the revenue of RMB 275 million for the year ending December 31, 2024; and (2) an annual profit of no less than approximately RMB 4 million for the year ending December 31, 2025, representing an increase of no less than approximately 3500% compared to the profit of RMB 110,000 for the year ending December 31, 2024. The growth in revenue and profit for the current year is primarily attributable to: (i) increased revenue generated from the group's artificial intelligence products and related services; (ii) steady growth in revenue from providing comprehensive IT solution services; and (iii) an increase in the number of computing power-related projects undertaken by the group.

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The group expects to record (1) annual revenue of no less than approximately RMB 350 million for the year ending December 31, 2025, representing an increase of no less than approximately 27.0% compared to the revenue of RMB 275 million for the year ending December 31, 2024; and (2) an annual profit of no less than approximately RMB 4 million for the year ending December 31, 2025, representing an increase of no less than approximately 3500% compared to the profit of RMB 110,000 for the year ending December 31, 2024. 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