Dismantling Weimeng (02013) 2023 Financial Report: Main track barriers are stable and continue to grow, and new opportunities for multi-dimensional layout have achieved remarkable results

Weimeng brought a successful conclusion to the company's development in 2023 with an impressive annual performance.

Zhitong FinanceApr 10 02:27 ET

[Broker Focus] CCB International Hates Weimeng Group (02013) Target Price 66.13% Downgraded Rating to “Neutral”

Jinwu Financial News | According to CCB International Development Research Report, Weimeng Group (02013)'s performance in the second half of 2023 was disappointing. Revenue was RMB 1,108 billion, 20% lower than the agreed forecast; the adjusted net loss was RMB 110 million, which was roughly in line with expectations. According to the bank, although merchant solutions may continue to benefit from the growth in the number of Tencent video accounts, continued macroeconomic pressure may inhibit SaaS demand, leading to a high turnover rate of small merchants and disrupting the company's strategy of shifting to the “high-end market” of medium-sized merchants.

金吾財訊Apr 2 22:34 ET

Weimeng (02013.HK): Performance fully recovered in 2023, what are the prospects for AI commercialization in 2024?

On March 28, Weimeng (02013.HK) released its 2023 financial report. With the overall economic situation recovering weakly in 2023, Weimeng handed over a beautiful financial report.

Gelonghui FinanceApr 1 21:07 ET

Jefferies Adjust Weimob's Price Target to HK$2.20 From HK$2.60, Keeps at Buy

05:26 AM EDT, 03/29/2024 (MT Newswires) -- Jefferies Adjust Weimob's Price Target to HK$2.20 From HK$2.60, Keeps at Buy Price (HKD): $1.92, Change: $+0.03, Percent Change: +1.59%

MT NewswiresMar 29 05:26 ET

Weimob's Net Loss More Than Halves in 2023 as Revenue Rises 21%

Weimob's (HKG:2013) attributable net loss more than halved in 2023 to 758.3 million yuan in the 12 months ended Dec. 31, 2023, from 1.83 billion yuan in 2022, according to a Thursday filing with the H

MT NewswiresMar 28 22:59 ET

Weimeng Group (02013) announced annual results of 1,484 billion yuan, a year-on-year increase of 36.02%, expanding its leading edge in the advertising business to drive rapid growth in gross revenue and gross profit

According to the Zhitong Finance App, Weimeng Group (02013) announced its annual results for the year ended December 31, 2023. The group achieved continuous operating revenue of 2,228 billion yuan (RMB, same below) during the period, an increase of 21.14% over the previous year; gross profit of 1,484 billion yuan, an increase of 36.02% over the previous year. According to the announcement, as of December 31, 2023, the Group's subscription solution revenue was about 1,349 billion yuan, an increase of 4.5% over the previous year. The number of paying merchants was 96,339, and the average revenue per user was 1,4007 yuan. Merchant solution revenue was approximately 888 million yuan, a year-on-year increase

Zhitong FinanceMar 28 05:57 ET