AJISEN (CHINA) issues a profit warning, expecting mid-term net profit attributable to shareholders to be approximately HKD 10 million to HKD 40 million, turning from loss to profit year-on-year
AJISEN (CHINA) expects to achieve a profit attributable to shareholders of approximately HKD 10 million to HKD 40 million within the six months ending June 30, 2025, turning a profit. This is in contrast to a loss of HKD 7.2 million as of June 30, 2024, primarily benefiting from an increase in the number of stores and revenue growth, while also enhancing efficiency and controlling costs through optimized operational processes and adjustments to the workforce structure
According to the Zhitong Finance APP, AJISEN (CHINA) (00538) announced that compared to a loss of approximately RMB 7.2 million attributable to the company's owners for the six months ending June 30, 2024, the group expects to turn a profit for the six months ending June 30, 2025, with a profit attributable to the company's owners of approximately RMB 10 million to 40 million.
The board of directors expects the group to turn from loss to profit during this period, mainly benefiting from an increase in the number of stores compared to the same period last year, driving revenue growth. In addition, the group is actively optimizing operational processes and adjusting the office workforce structure to enhance operational efficiency and control costs. These factors have collectively contributed to an increase in operating profit compared to the same period last year
