Guangdong Media forecasts significant profit rebound in first half

Guangdong Guangzhou Daily Media anticipates net profit of 62 million to 93 million yuan for the first half of 2025, reversing a 47.93 million yuan loss in the same period last year.

The turnaround is primarily driven by expected court case settlements of 65 million to 75 million yuan, which will be recognized as non-recurring income. Improved performance from associate companies and increased operating income from commercial printing and property projects also contribute to the projected growth.