Digifavor reports mixed results as digital marketing drives revenue, profit drops

For the six months ended June 30, 2025, Yinsheng Digifavor Company Limited reported revenue of 69.9 million yuan, an increase of 14.0% from 61.3 million yuan in the same period of 2024. This growth was primarily fueled by digital marketing services, which saw revenue jump from 8.9 million yuan to 34.3 million yuan. However, gross profit decreased by 8.3% to 44.1 million yuan, down from 48.1 million yuan in 2024, attributed to increased platform handling and promotion costs for digital marketing.

Profit attributable to owners of the company significantly decreased by 41.3% to 12.5 million yuan from 21.3 million yuan in 2024. This was largely due to increased research and development expenses (up 15.1% to 6.1 million yuan), staff costs, and business sales fees associated with business expansion. Finance costs also doubled to 2.4 million yuan due to higher average bank borrowings.

The Group's total assets less current liabilities stood at 331.1 million yuan, with cash and cash equivalents rising to 141.1 million yuan from 50.8 million yuan at December 31, 2024. Basic and diluted earnings per share were 3.00 cents, down from 5.14 cents in the comparable period. No interim dividend was recommended.