YE XING GROUP (01941) Issues Profit Alert, Expects Interim Net Profit to Rise to Approximately RMB 12.8 Million

Stock News
Aug 25, 2025

YE XING GROUP (01941) announced that the group expects to achieve profit and total comprehensive income attributable to owners of the company of approximately RMB 12.8 million for the six months ended June 30, 2025, compared to profit and total comprehensive income attributable to owners of the company of approximately RMB 6.6 million for the same period last year. The increase in profit and total comprehensive income attributable to owners of the company was mainly due to (i) gross profit increasing from approximately RMB 41.1 million in the first half of 2024 to approximately RMB 43.6 million during the reporting period; (ii) administrative expenses decreasing from approximately RMB 21.5 million in the first half of 2024 to approximately RMB 18.9 million during the reporting period; (iii) impairment losses on trade and other receivables and impairment losses on amounts due from related parties decreasing net from approximately RMB 8.6 million in the first half of 2024 to approximately RMB 5.4 million during the reporting period.

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