YS DIGIFAVOR expects a shareholder profit of approximately HKD 11.7 million to HKD 12.8 million in the first half of the year
YS DIGIFAVOR expects its profit attributable to shareholders for the first half of the year ending June 30, 2025, to be approximately HKD 11.7 million to HKD 12.8 million, a decrease of about 40% to 45% compared to the same period last year. The main reasons include continued investment in digital rights products and services, accelerated construction of digital system platforms, as well as a decline in transaction volume and rising costs in mobile phone top-up and data recharge businesses
According to the announcement from YS DIGIFAVOR (03773), it is expected that the profit attributable to shareholders for the six months ending June 30, 2025, will be approximately RMB 11.7 million to RMB 12.8 million, a decrease of about 40% to 45% compared to the profit attributable to shareholders for the six months ending June 30, 2024 (approximately RMB 21.3 million). The decline in profit is mainly due to the following reasons:
In the first half of 2025, the group continued to invest resources in digital rights products and services to build a comprehensive product and service matrix covering the entire digital rights field; at the same time, the group accelerated the construction of its digital system platform ecosystem, actively creating the YS DIGIFAVOR Master intelligent middle platform system, and has launched a comprehensive procurement mall for digital rights products (YS DIGIFAVOR Mall), promoting the efficient operation and continuous upgrading of the digital rights trading ecosystem. These business transformation layouts and operational model innovation measures have led to an increase in the group's investment in research and development expenses and labor costs in the first half of 2025 compared to the first half of 2024; and the transaction volume of mobile phone bill and mobile data recharge business for the six months ending June 30, 2025, has decreased compared to the same period last year, along with an increase in cost rate, resulting in a decline in the overall gross profit margin of the group
