YUANDA CHINA (02789) Issues Positive Profit Alert, Expects First-Half Net Profit Surge to Approximately RMB 150-210 Million
Stock News
Aug 14
YUANDA CHINA (02789) announced that the group expects to achieve net profit of approximately RMB 150-210 million for the first half of 2025, compared to RMB 6 million in the same period of 2024. According to the announcement, the primary drivers behind the net profit growth include significant progress in the group's internationalization strategy during the period, with outstanding contributions from overseas market orders leading to revenue growth compared to the same period in 2024, as well as increased foreign exchange gains for the group during this period compared to the same period in 2024.
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