Lexi Group (02540) continued to rise by more than 5%, closing up nearly 56% yesterday. The intraday high was HK$5.27, which was nearly four times higher than the offering price. As of press release, it rose 5.63% to HK$5.07, with a turnover of HK$10.993 million.
The Zhitong Finance App learned that Lexi Group (02540) continued to rise by more than 5% and closed up nearly 56% yesterday. The intraday high was HK$5.27, which was nearly four times higher than the offering price. As of press release, it rose 5.63% to HK$5.07, with a turnover of HK$10.993 million.
According to the company's prospectus, Lexi Group is a mobile advertising service provider in China. It mainly provides customers with comprehensive mobile advertising services to market their brands, products and services on media platforms operated by the company's media partners. Lexi Group's services include mobile marketing planning, traffic acquisition, ad material production, ad placement, ad optimization, campaign management, and ad distribution.
In recent years, the performance of the Lexis Group has continued to grow. As of 2020, 2021, 2022, and September 30, 2023, the company achieved total revenue of approximately 378 million yuan (RMB, same below), 470 million yuan, 497 million yuan, and 497 million yuan, respectively. In the same period, the company achieved annual profit of 497.73 million yuan, 57.488 million yuan, 68.307 million yuan, and 489.11 million yuan respectively. Additionally, the company will release its 2023 results this Thursday.