Continuously consolidating the advantages of saas product services, Maifutime's performance in the first half of the year exceeded expectations.
Hong Kong, August 22, 2024 / PRNewswire / - MaiFuShi (02556.HK) released its interim performance report for the six months ended June 30, 2024, achieving a total revenue of RMB 0.74 billion in the first half of the year, a year-on-year increase of 26.7%, and maintaining continuous growth for nearly five years. MaiFuShi's business is divided into two sectors: SaaS business and precision marketing. Among them, MaiFuShi's SaaS business revenue reached RMB 0.4 billion, accounting for 54% and a year-on-year increase of 30.4%. The gross margin of the SaaS sector business is as high as 88.3%, an increase of 1.2 percentage points.
Press Release: Continued Strengthening of SaaS Product Service Advantages, Marketingforce Achieves Impressive Growth in the First Half of the Year
Marketingforce Management's H1 Attributable Loss Widens by 1,112%
Marketingforce Reveals Soaring Revenue Amidst Losses
Mai Fushi (02556.HK) had a total revenue of 739 million yuan in the first half of the year, a year-on-year growth of 26.7%.
On August 20th, Glonhui announced that for the six months ended June 30, 2024, the total revenue for the first half of the year was RMB 0.739 billion, a year-on-year increase of 26.7%. With refined operation and ecological cooperation, the company successfully achieved profit for the first half of the year, with adjusted net income of RMB 47.7 million. According to Frost Sullivan data, based on 2023 revenue, the company is China's largest marketing and sales SaaS solution provider. In the second half of the year, the company will continue to strive to become the best partner for global business digitalization and intelligence.
Mason Financial Holdings (02556) released its interim performance, with total revenue of HKD 0.739 billion in the first half of the year. The shareholder loss accounts for HKD 0.82 billion.
Mai Fu Shi (02556) released its performance for the six months ending June 30, 2024. The total revenue of the group was RMB 7...
Express News | Marketingforce Management - Hy Rev RMB739.4 Mln, up 26.7%
Express News | Marketingforce Management Ltd - Hy Loss Attributable RMB820.2 Mln
MARKETINGFORCE: INTERIM RESULTS ANNOUNCEMENTFOR THE SIX MONTHS ENDED JUNE 30, 2024
Mai Fu Shi (02556.HK) plans to hold a board of directors meeting on August 20th to approve its interim results.
Maftison (02556.HK) announced that the board of directors meeting will be held on Tuesday, August 20, 2024, to consider and approve the mid-term performance report of the company and its subsidiaries for the six months ended on June 30, 2024, and to consider recommending the distribution of mid-term dividends (if any).
MARKETINGFORCE: DATE OF BOARD MEETING
Marketingforce Management Expects Swing to Profit in H1
Morgan Stanley expects to have a net income of no less than 41 million yuan after adjustment in the first half of the year, turning losses into profits year on year.
Milestone (02556) announced that the group expects its revenue to increase to approximately RMB 0.729-0.741 billion in the first half of 2024, an increase of about 25% to 27% from the same period last year, mainly due to the continuous expansion of SaaS and precision marketing businesses in the first half of the year, with a larger increase in SaaS revenue leading to higher total revenue growth. It is expected that the adjusted net income in the first half of 2024 will be no less than RMB 41 million, while the adjusted net loss in the first half of 2023 is about RMB 24 million, mainly due to the increase in SaaS business income in the first half of the year.
Marketingforce Expects Profit Surge in 2024
Midas(02556) announces good profit news, expected net income in the first half of the year after adjustment to be no less than 41 million yuan, turning losses into profits year-on-year.
Meifushi (02556) announced that the group's revenue in the first half of 2024 may increase to approximately RMB 7...
Express News | Marketingforce Management Ltd Sees Revenue for Hy Ranging From RMB729 Mln to RMB741 Mln
Express News | Marketingforce Management Sees Adjusted Net Profit for Six Months of Not Less Than RMB41 Mln
MARKETINGFORCE: INSIDE INFORMATION PROFIT ALERT
[Brokerage Focus] Haitong Securities initiates a 'Outperform' rating for Mai Fu Shi (02556) and expects the company's SaaS business to accelerate growth.
According to research reports from Haitong Securities, Maifushi (02556) is China's largest marketing and sales saas company and a leading global intelligent marketing cloud platform. The company ① provides marketing and sales software solutions to Chinese corporate customers through software as a service (saas) and ② provides accurate marketing services to help advertising clients place ads on top media platforms and effectively reach their target audience. In 2021-2023, the company's saas business revenue accounted for 50.0%/46.4%/57.0%, and accurate marketing services revenue accounted for 50.0%/53%.
Haitong Securities: First gave a rating of "Outperform" to Manulife (02556), with a target price of HKD 118.51-125.48.
As a leading marketing and sales saas company, Maifushi has a full-chain product system and a strong sales service network. It targets two types of customers, small and medium-sized enterprises (SMB) and large customers (KA), driving long-term market potential with dual wheels.
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