MAIYUE TECH (02501) announces profit for the year is expected to be no less than approximately 4 million yuan, a year-on-year increase of no less than approximately 3500%.
Maie Technology (02501) announced that it is expected to achieve the following for the fiscal year ending December 31, 2025: (1) a profit of not less than approximately RMB 350 million, representing an increase of not less than approximately 27.0% compared to the profit of RMB 275 million for the fiscal year ended December 31, 2024; and (2) a net profit of not less than approximately RMB 4 million, representing an increase of not less than approximately 3500% compared to the net profit of RMB 110,000 for the fiscal year ended December 31, 2024.
MAIYUE TECH (02501) announced that it expects the Group to record (1) a profit of not less than approximately RMB 350 million for the year ending December 31, 2025, representing an increase of not less than approximately 27.0% compared to the profit of RMB 275 million for the year ending December 31, 2024; and (2) a profit of not less than approximately RMB 4 million for the year ending December 31, 2025, representing an increase of not less than approximately 3500% compared to the profit of RMB 110,000 for the year ending December 31, 2024.
The increase in profit for the current year is mainly attributed to: (i) an increase in revenue generated by the Group's artificial intelligence products and related services; (ii) a steady growth in revenue from providing comprehensive information technology solutions; and (iii) an increase in the number of computing power-related projects undertaken by the Group.
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