Mango Super Media: Net profit of 379 million yuan in the first quarter decreased by 19.80% year-on-year

On April 25th, Mango Super Media (300413. SZ) announced that its operating revenue for the first quarter of 2025 was 2.90 billion yuan, a year-on-year decrease of 12.76%; The net profit attributable to shareholders of the listed company was 379 million yuan, a year-on-year decrease of 19.80%. The decline in operating income is mainly due to the contraction of the traditional TV shopping business sector; The decrease in net profit is mainly due to the company’s increased investment in top tier film and television content, ecological layout, and technological applications.

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