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.
HKG:9911
