Shares of Sound Group Inc – ADR (NASDAQ:SOGP) are trading sharply higher on Thursday following the announcement of unaudited financial results for the first half of 2025 and the declaration of a special cash dividend.
What To Know: The audio-centric social and entertainment company reported a 47% increase in net revenues to RMB1,357.7 million ($189.5 million) for the six months ended June 30, 2025.
The company announced a turnaround in profitability, posting a net income of RMB67.6 million ($9.4 million), an improvement from a net loss of RMB36.5 million in the same period last year. This growth was attributed to the expansion of its audio entertainment business and increased revenue from its AI products.
Sound Group on Thursday also announced it has approved a special cash dividend of $0.005 per share or $1.00 per ADS. The dividend, totaling approximately $4 million, will be paid around September 30, to shareholders of record as of September 15.
Price Action: According to data from Benzinga Pro, SOGP shares are trading higher by 108% to $7.90 Thursday morning. The stock has a 52-week high of $6.89 and a 52-week low of $1.18.
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How To Buy SOGP Stock
Besides going to a brokerage platform to purchase a share – or fractional share – of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument.
For example, in Sound Group’s case, it is in the Communication Services sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.
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