According to the announcement from WEILI HOLDINGS (02372), the group expects to achieve a net profit of approximately RMB 800,000 to RMB 1.5 million for the six months ending June 30, 2025, while it recorded a net loss of approximately RMB 2.3 million for the six months ending June 30, 2024.
The expected turnaround from loss to profit is mainly attributed to: (i) improvement in gross profit margin, reflecting the effectiveness of successfully implemented operational cost control measures and enhanced operational efficiency; (ii) reversal of impairment losses due to a decrease in trade receivables balance for the six months ending June 30, 2025

02372

WEILI HOLDINGS expects that the net profit for the six months ending June 30, 2025, will be between HKD 800,000 and HKD 1.5 million, while for the period ending June 30, 2024, it will report a net loss of HKD 2.3 million. The reasons for turning a loss into a profit include improvements in gross profit margin and the reversal of impairment losses on trade receivables

WEILI HOLDINGS issues a profit warning, expecting a mid-term net profit of approximately HKD 800,000 to HKD 1.5 million