"Profit Alert" MAO GEPING's revenue increased by over 30%, forecasting a 35%-37% increase in half-year profit

MAO GEPING (01318.HK) issued a profit warning, expecting a net profit of between RMB 665 million and RMB 675 million for the six months ending in June, an increase of 35%-37% compared to the same period last year. This is mainly due to the company's continuous provision of high-quality products and services for beauty enthusiasts, establishing a competitive brand value; and the increased recognition of MAO GEPING as a high-end brand among consumers, which continues to translate into long-term momentum for the group's business growth.

In the first half of the year, revenue is expected to be between RMB 2.57 billion and RMB 2.6 billion, an increase of 30.4%-31.9%