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HKG:9911

2 stories mentioning HKG:9911Updated 23d ago

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Asia

Newborn Town Forecasts Up to 39% Boost in H1 Revenue

Newborn Town (HKG:9911) expects a revenue of between $595 million and $615 million for the six months ended June 30, up 34% to 39% from a year prior.The internet marketing company attributed the revenue forecast to contributions from its social networking and innovative business wings.Revenue from the social networking wing is forecast to rise by 34% to 38% to between $530 million and $545 million, while that from the innovative business will increase 35% to 46% to between $65 million and $70 million.

HKG:9911
Asia

Newborn Town Forecasts Upto 40% Rise in Q1 2026 Revenue

Newborn Town (HKG:9911) said it expects 2.03 billion yuan to 2.13 billion yuan in revenue for the first quarter of 2026, up 33% to 40% year on year, according to a Hong Kong bourse filing Wednesday.Revenue from the company's social networking business is expected to reach 1.79 billion yuan to 1.87 billion yuan, up 31% to 37% when compared to a year earlier.The group's innovative business is expected to record 245 million yuan to 265 million yuan in sales for the quarter, an increase of 47% to 59% when compared to the prior year.

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