July 31 news,$MEITU (01357.HK)$Intraday gains widened to nearly 13%, with the share price reaching HK$4.82 and trading volume amounting to HK$458 million.
On the news front, according to a company announcement, as of June 2026, Meitu reported over 18.44 million paying subscribers and 33 million monthly active users from its productivity applications, both reaching record highs. Under non-IFRS measures, Meitu’s adjusted net profit attributable to equity holders of the parent for the first half of 2026 is expected to increase by 36% to 40% year-over-year. Meitu will officially release its interim results for the first half of 2026 on August 26.
In the first half of 2026, revenue from its core imaging and design products rose 30.9% year-over-year to approximately RMB 1.8 billion. Several of Meitu’s AI-native products delivered strong performance during the period: Kaishe’s annual recurring revenue (ARR) grew by over 100% year-over-year, Vmake’s ARR surged by more than 200% year-over-year, and MVLAND, a new product launched this year, doubled its ARR within three months.
As of June 2026, ARR from AI-powered productivity applications increased by 47.8% year-over-year to over RMB 620 million. Meitu stated that the robust growth in revenue from its core imaging and design products was primarily driven by continued growth in the number of paying subscribers and an increase in average revenue per paying user. The growth rate of paying subscribers from international markets remained consistently higher than that from mainland China, validating the effectiveness of Meitu’s global expansion strategy. Meitu will officially release its interim results for 2026 on August 26.
Editor/melody