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3w ago

Sound Group Declares $4 Million Special Dividend After Return to H1 Profit

Unaudited first-half results show 47% revenue growth alongside a swing to profit, boosting the stock.

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Overview

  • Shareholders of record on September 15 will receive $0.005 per ordinary share or $1.00 per ADS, with payments expected around September 30.
  • ADS distributions will be processed by Deutsche Bank Trust Company Americas under the deposit agreement.
  • Net revenue reached RMB1,357.7 million (about $189.5 million) in H1 2025, with net income of RMB67.6 million ($9.4 million) versus a loss a year earlier.
  • Management credited expansion in audio entertainment and rising AI-product sales for the revenue growth and profitability, noting results are unaudited.
  • SOGP shares spiked on Thursday following the announcements, with extreme volatility and trading halts reported, and they edged higher again on Friday.