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Shangmei Co., Ltd. (02145.HK): Expected profit for 2025 to be approximately 1.14 billion to 1.16 billion yuan, an increase of about 41.9% to 44.4% year-on-year
Gelonghui, March 6 — Shangmei Holdings (02145.HK) announced that based on a preliminary review of the group’s unaudited consolidated management accounts for the year ending December 31, 2025, and an assessment of the information currently available to the board, the group expects (i) revenue for the year ending December 31, 2025, to be approximately RMB 9.1 billion to RMB 9.2 billion, representing an increase of about 34.0% to 35.4% compared to RMB 6.79 billion for the year ending December 31, 2024; and (ii) group profit for the year ending December 31, 2025, to be approximately RMB 1.14 billion to RMB 1.16 billion, an increase of about 41.9% to 44.4% compared to RMB 803 million for the year ending December 31, 2024. Based on currently available information, the increase in revenue and profit is mainly due to the successful deployment of multiple brands and categories by the group, the continuous growth of the scientific anti-aging skincare brand Hanskin, and a significant year-on-year increase in revenue for the Chinese baby and children’s efficacy skincare brand newpage.