Shares of MOBVISTA (01860) surged more than 8% following the release of its financial results, with the stock trading up 8.47% at HK$10.82 at the time of writing, on a turnover of HK$171 million.

On August 24, the company unveiled its performance for the six months ended June 30, 2026. During the reporting period, revenue climbed 23.2% year-on-year to US$1.156 billion, while net revenue rose 21.5% to US$308 million. Adjusted net profit reached US$52.11 million, representing a robust 39.5% increase from the prior corresponding period.

AI-powered intelligent bidding emerged as the core growth engine for the Mintegral business, contributing over 90% of Mintegral's total revenue during the period. To fuel its next phase of expansion, the company has been steadily advancing its next-generation advertising AI infrastructure. By the end of the reporting period, the primary development phase of this AI infrastructure had been completed, with testing currently underway and a phased rollout accompanied by ongoing stability verification. The upgraded AI infrastructure is designed to significantly enhance GPU utilization efficiency while accommodating richer data and broader feature dimensions, thereby supporting more sophisticated model training and inference capabilities.