YS DIGIFAVOR (03773) announced a net profit attributable to shareholders for the year is expected to be approximately 28 to 30 million yuan, representing a year-on-year increase.

date
07/03/2025
avatar
GMT Eight
YS DIGIFAVOR (03773) announced that the group is expected to achieve a net profit attributable to shareholders of approximately RMB 16.4 million for the year ending December 31, 2023, and a net profit attributable to shareholders ranging from RMB 28 million to RMB 30 million for the year ending December 31, 2024. This is mainly due to the group's continuous optimization of the cost structure of its main business segments in 2024 and the implementation of more precise marketing strategies than in previous years, leading to an increase in the overall gross profit for the year ending December 31, 2024 compared to the previous year. Revenue from digital marketing business increased significantly by approximately RMB 18.2 million compared to the year ending December 31, 2023, reaching approximately RMB 59 million, mainly due to the group's operating subsidiaries forging partnerships with several well-known lifestyle service brands in China in 2024, as well as strengthening cooperation with financial channel customers, large state-owned banks, and joint-stock commercial banks, resulting in a significant increase in digital marketing and equity product transactions compared to 2023.

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