Youku Holdings (01948) Fa Yingxi expects medium-term net profit to increase by about 25% to 35% year-on-year

Zhitong Finance App News, Youku Holdings (01948) announced that the company expects to record a net profit increase of about 25% to 35% for the six months ending June 30, 2026 compared to the same period in 2025.

The company's net profit is expected to increase for the six months ended June 30, 2026, mainly due to the following reasons: (a) the company's continued strengthening of advertising operations; (b) increased gross profit from deepening long-term partnerships with existing advertisers and customers, continued expansion of the scale of cooperation, incremental contributions from new customers, and continuous optimization of the customer portfolio; (c) the continued strengthening of the Group's accounts receivable monitoring system and credit control, thereby reducing the overall trade receivables balance and required impairment provisions, leading to the return of depreciation provisions during the reporting period; and (d) June 2026 There was a relative increase in government subsidies for the six months ended on the 30th.