DAMAI ENT (01060) Expects Interim Net Profit to Rise to No Less Than RMB 500 Million

Stock News
Nov 06

DAMAI ENT (01060) announced that the group expects to achieve a net profit attributable to owners of the company of no less than RMB 500 million for the six months ended September 30, 2025, compared to approximately RMB 337 million for the same period in 2024. The increase in net profit is primarily attributed to the following factors: strong performance of the group's Aliyu business, with both revenue and profit showing robust year-on-year growth; and improved asset structure, leading to further reduction in investment portfolio risk exposure and narrowed investment losses year-on-year. Additionally, the group maintains ample cash reserves and plans to diversify investments in the entertainment industry. Over the medium to long term, the group anticipates sustained and healthy growth in its core business operations.

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