UJU Holdings issues a profit warning, expecting a more than 50% year-on-year increase in interim profit attributable to shareholders
UJU expects that the interim profit attributable to shareholders for the period ending June 30, 2025, will increase by more than 50% year-on-year. The reasons for the growth include: continuous focus on service delivery to meet advertisers' needs; AI technology enhancing the production capacity of advertising materials; improved monitoring of accounts receivable and management of working capital; cost reduction and efficiency enhancement to avoid a repeat of one-time losses
According to the Zhitong Finance APP, UJU (01948) announced that the company expects to achieve a profit attributable to owners of the company for the half-year ending June 30, 2025, that is more than 50% higher than the same period in 2024.
The expected increase in profit attributable to owners of the company for the half-year ending June 30, 2025, is mainly due to the following reasons: (a) The group continues to focus on the delivery of services, meeting the marketing effectiveness needs of advertiser clients, thereby establishing lasting partnerships with advertiser clients and continuously expanding revenue scale; (b) With the help of AI technology, the creative base in Wuhan and Chongqing has significantly increased the production capacity of advertising materials; (c) The continuously enhanced accounts receivable monitoring system and working capital management capabilities of the group have led to a decrease in expected credit losses for the half-year ending June 30, 2025; (d) Cost reduction and efficiency improvement, with no recurrence of the one-time loss incurred in the previous period
