HK Stock Market Move | ZIBUYU (02420) increased by more than 17%, with an expected year-on-year profit growth of approximately 75% to 85% in 2025.

ZIBUYU (02420) surged over 17%, as of the time of writing, up 17.14% to HK$4.1, with a turnover of HK$145.42 million. On the news front, on the evening of February 27, ZIBUYU announced that compared to the revenue of RMB 3.325 billion for the fiscal year ending December 31, 2024, the group's revenue for the fiscal year ending December 31, 2025 (reporting period) is expected to increase by about 35% to 45% year-on-year; compared to the company's attributable annual profit of approximately RMB 151 million for the fiscal year ending December 31, 2024, the company's attributable annual profit for the reporting period is expected to increase by about 75% to 85% year-on-year. ZIBUYU stated that this is mainly due to the continuous deepening of brand building within the group, the vigorous expansion of the omni-channel sales network, the impressive market performance of new products driving overall revenue and gross profit growth; and the focus on refined operations, utilizing AI to empower the business, significantly improving the group's operational efficiency, leading to a substantial increase in profit.