Newborn Town (HKG:9911) expects profit attributable to equity shareholders for the six months ended June 30 to rise between 108.9% and 126.7% to 470 million yuan and 510 million yuan, according to a Wednesday Hong Kong bourse filing.
Revenue for the period is expected to rise 38.0% to 41.5% year over year, reaching between 3.14 billion yuan and 3.22 billion yuan.
Shares of the social app operator surged nearly 9% in Thursday morning trade.
The interim results are expected by the end of August.
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