"Profit Warning" LESI GROUP forecasts a decrease of over 16 million RMB in earnings for the first half of the year
LESI GROUP (02540.HK) issued a profit warning, expecting that the net profit for the six months ending in June will decrease by approximately RMB 16 million to RMB 19 million compared to RMB 28.6 million in the same period of 2024. This is mainly due to changes in the rebate policy of media partners, resulting in a decrease in gross profit of approximately RMB 9.8 million; an increase in sales and marketing expenses; and an increase in general and administrative expenses
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