Ning Meng Film & Television (09857) Fa Yingxi expects net profit for the first half of the year, net profit attributable to shareholders, and adjusted net profit of about 20 million yuan to 40 million yuan

According to Zhitong Finance App News, Ning Meng Film and Television (09857) issued an announcement. According to the preliminary assessment of the Group's unaudited comprehensive management accounts for the six months ended June 30, 2026 (first half of 2026) and currently available data, the Group is expected to achieve net profit in the first half of 2026, net profit attributable to shareholders, and adjusted net profit of approximately RMB 20 million to RMB 40 million;

Net profit for the six months ended June 30, 2025 was approximately RMB 11.3 million, and net profit attributable to shareholders was approximately RMB 10.8 million, and adjusted net profit of approximately RMB 14.4 million; net profit obtained in the first half of 2026 is expected to increase by about 77.7% to 255.4% year on year, net profit attributable to shareholders is expected to increase by about 84.8% to 269.7% year on year, and adjusted net profit is expected to increase by about 38.5% to 177.0% year on year.

The board of directors believes that the main reasons for the significant year-on-year increase in the Group's net profit, net profit attributable to shareholders, and adjusted net profit for the first half of 2026 include the broadcast of high-quality copyrighted dramas driving revenue growth, further improvement in the financial performance of the short drama business, and further deepening comprehensive budget management to improve quality and efficiency and cost optimization.