Ye Xing Group (01941) has issued a positive profit alert, indicating that the company is set to record a significant boost in its financial performance for the first half of the fiscal year.
According to the company's official announcement, for the six months ending June 30, 2026, the group expects to post a profit attributable to owners of the company and total comprehensive income ranging from approximately RMB 20 million to RMB 25 million. This marks a substantial increase compared to the approximately RMB 12.8 million recorded during the same period last year.
The anticipated growth in profit and total comprehensive income is primarily driven by two key factors: an increase in gross profit during the reporting period, and a rise in the reversal of impairment losses on receivables from related parties during the same timeframe.