HK Stock Market Move | MEITU (01357) opened nearly 6% higher, with an expected adjusted net profit attributable to parent company shareholders for last year to increase by approximately 60% to 66% year-on-year.

MEITU (01357) opened nearly 6% higher, as of the time of drafting, it has risen by 5.77% to 6.6 Hong Kong dollars, with a turnover of 5.2173 million Hong Kong dollars. In terms of news, on February 8, MEITU announced that, according to the group's preliminary evaluation, based on non-International Financial Reporting Standards, MEITU is expected to achieve a year-on-year increase of approximately 60% to 66% in adjusted profit attributable to equity holders of the parent company in 2025. The significant improvement in MEITU's profitability is mainly due to rapid growth in revenue from its core business of imaging and design products, driven primarily by the rapid increase in global paid subscription users. Among them, the growth rate of paid subscription users from international markets is higher than that of the Chinese mainland market. The board of directors believes that adjusted profit attributable to equity holders of the parent company can better reflect the company's core operating performance.