YE XING GROUP (01941) Issues Positive Profit Alert, Anticipates Turnaround with Net Profit of 10.7-15.7 Million Yuan for 2025

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Mar 19

YE XING GROUP (01941) has announced a positive profit forecast, expecting to report a net profit and total comprehensive income attributable to company owners of approximately RMB 10.7 million to RMB 15.7 million for the year 2025. This represents a significant turnaround compared to the net loss and total comprehensive loss of about RMB 22 million attributable to company owners recorded for the 2024 financial year. The shift to profitability is primarily attributed to a reduction in impairment losses on trade and other receivables, as well as a decrease in impairment losses on amounts due from related parties.

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