Duiba Posts Interim Results: Revenue up 24.34% to RMB 435 Million, Driven by AI Short Drama Boom

Stock News
3 hours ago

Duiba (01753) has announced its interim results for the six months ended June 30, 2026, reporting a significant 24.34% year-on-year surge in revenue, which reached RMB 435 million. During the period, the group recorded a loss attributable to owners of the parent company of RMB 25.326 million, a reduction of 5.25% compared to the previous year, with a loss per share of RMB 2.4 cents.

The company attributed the substantial revenue growth primarily to the rapid expansion of its AI-driven short drama business. Leveraging its long-standing expertise in data and technology capabilities, this segment has demonstrated robust growth momentum since its launch in January 2026. For the six-month period, the AI short drama operation alone contributed RMB 223 million in revenue, representing approximately 51.2% of the group's total income.

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