MOBVISTA (01860) Issues Positive Profit Alert, Expects Interim Net Profit to Rise to Approximately $30-38 Million
Stock News
Aug 20
MOBVISTA (01860) announced that the group expects to achieve a net profit of $30 million to $38 million for the six months ending June 30, 2025, compared to approximately $7.34 million in net profit for the six months ending June 30, 2024. Based on currently available information, the expected increase in net profit for this period is primarily attributed to: (i) the rapid development of the industry in which the group's core business programmatic advertising platform Mintegral operates, with the group's leading technology in this industry driving continuous revenue growth; and (ii) the emergence of operating leverage under scale effects, driving up net profit margins.
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