Yinsheng Digifavor Forecasts Profit Surge

NNK Group Ltd (HK:3773) has released an update.

Yinsheng Digifavor Company Limited has issued a positive profit alert, announcing an expected significant increase in profits for the first half of 2024, estimated between RMB20 million and RMB21 million, compared to the same period last year. This surge is attributed to improved gross profit margins through cost optimization and successful marketing strategies, particularly in the digital marketing business, which saw substantial growth due to collaborations with prominent lifestyle brands and financial institutions in China.

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