FOREST CABIN(02657) announced a pleasing profit growth, with expected annual revenue, shareholders' share of profits, and adjusted profits increasing year-on-year.

Forest Cabin (02657) announced that the Group expects to achieve revenue of approximately RMB 2.4 billion to 2.45 billion for the fiscal year ending December 31, 2025, an increase of approximately 98.3% to 102.5% compared to the revenue of RMB 1.21 billion in 2024; the Group's attributable net profit is expected to be around RMB 356 million to 361 million for the year 2025, an increase of approximately 90.6% to 93.3% compared to the attributable net profit of RMB 186.8 million in 2024; and the Group's adjusted attributable net profit is forecasted to be around RMB 396 million to 401 million for the year 2025, an increase of approximately 97.8% to 100.3% compared to the adjusted attributable net profit of RMB 200 million in 2024. The announcement stated that the main reasons for the increase in revenue, attributable net profit, and adjusted attributable net profit are as follows: Firstly, the significant development of Wuxi Online Offline Communication Information Technology Co., Ltd. has had a positive impact. The Group has continued to deepen its channel layout, with stable expansion of offline store network and effective improvement in store efficiency; the online channel has maintained a high-speed growth momentum, with enhanced overall operational capabilities, pushing the overall revenue and profit to new heights. Secondly, the continuous enrichment of the product matrix and the effective deployment of multiple categories have shown results. The Group has continuously innovated around the core skincare track, with core products maintaining a leading edge, new products achieving significant breakthroughs, continuous optimization of product structure, and steady enhancement of market competitiveness. Thirdly, the expanding core customer base has strengthened the user foundation. The Group has been customer-centric, effectively attracting new customer groups through multi-channel engagement and brand value delivery, leading to steady growth in user numbers and injecting continuous momentum into performance growth.