Mingyuan Cloud: Expected interim net profit of 12.09 million to 15.41 million, return to profitability

Jin10 data reported on August 7th, Mingyuan Cloud (00909.HK) announced that for the six months ending June 30, 2025, the group expects to record a net profit attributable to shareholders of between approximately RMB 12.09 million and RMB 15.41 million during the reporting period. In comparison, the group recorded a net loss attributable to shareholders of approximately RMB 115.37 million in the same period last year. The announcement stated that the main reasons for the expected return to profitability are: the company is actively optimizing its existing product lines and customer structure, focusing on core products and key customers, thereby reducing corresponding development, sales, and operational costs; the company has further enhanced operational efficiency through AI technology, significantly increasing output per capita year-on-year; and the increase in foreign exchange earnings due to the appreciation of the US dollar against the Hong Kong dollar during the reporting period.