LINMON MEDIA (09857) announces a profitable year with an estimated net profit of approximately RMB 20-40 million in 2025, turning from a loss to a profit year-on-year.
Ningmeng Entertainment (09857) announced that the expected net profit, net profit attributable to shareholders, and adjusted net profit of the group for the year 2025 are approximately RMB 20 million to RMB 40 million. For the year ended December 31, 2024 (2024 fiscal year), the net loss is approximately RMB 190 million, the net loss attributable to shareholders is approximately RMB 189 million, and the adjusted net loss is approximately RMB 184 million. The net profit, net profit attributable to shareholders, and adjusted net profit for the year 2025 all achieved a change from loss to profit.
LINMON MEDIA (09857) announced that it is expected to achieve a net profit, net profit attributable to shareholders, and adjusted net profit of approximately RMB 20 million to RMB40 million in the fiscal year 2025. However, for the fiscal year ending on December 31, 2024, the company recorded a net loss of approximately RMB 190 million, a net loss attributable to shareholders of approximately RMB 189 million, and an adjusted net loss of approximately RMB 184 million. The net profit, net profit attributable to shareholders, and adjusted net profit for the fiscal year 2025 all show a return to profit.
The Board of Directors believes that the main reasons for LINMON MEDIA's return to profit in the fiscal year 2025 include income growth driven by the broadcast of high-quality copyrighted dramas, record-high revenue from diversified overseas business, significant improvement in financial performance of short drama business compared to the previous year, high-speed growth in revenue from IP derivative business, and further deepening of comprehensive budget management to promote quality improvement, efficiency enhancement, and cost optimization.
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