Meitu announces its interim results: The total revenue has reached RMB 1.261 billion, a year-on-year increase of 29.8%, and the net profit has surged to RMB 151 million, a year-on-year increase of 320.4%

On August 28, 2023, Meitu (1357.HK) officially disclosed its interim results. Meitu achieved a total revenue of RMB 1.261 billion, a year-on-year increase of 29.8%. The adjusted net profit attributable to owners of the company was RMB 151 million, a year-on-year increase of 320.4%. It has achieved a monthly active user count of 247 million, representing a year-on-year growth of 2.5%.

Meitu releases 7 image production products at its Image Festival, including a large-scale AI visual model

On June 19th, Meitu held the 2nd Image Festival themed "Image Productivity Tools in the AI Era", and released 7 new products: AI creation tool WHEE; AI narrated video creation tool Action; desktop AI video editing tool WinkStudio; Meitu Design Studio 2.0, which focuses on commercial AI design; AI digital image generation tool DreamAvatar; Meitu AI assistant RoboNeo; and large-scale AI model MiracleVision.

In its 6th trip to the Digital China Summit & Exhibition, Meitu is making waves with its AIGC success

On April 26, the 6th Digital China Achievement Exhibition kicked off at the Fuzhou Strait International Convention and Exhibition Center. Meitu marked its 6th trip to the exhibition by unveiling its series of innovative AIGC products such as AI Painting, AI Board, and AI Animation.

Meitu's 2022 annual results reveal a 25.2% year-on-year increase in total revenue, amounting to RMB 2.085 billion, alongside a 29.9% year-on-year increase in net profit, which reaches 111 million

On March 30th, 2023, Meitu (01357.HK) officially disclosed its 2022 annual results. During the reported period, Meitu reached RMB 2.085 billion in revenue, an annual increase of 25.2%.