"Profit Alert" AJISEN (CHINA) forecasts a mid-term profit of up to 40 million RMB

AJISEN (CHINA) (00538.HK) issued a profit warning, expecting a profit of between RMB 10 million and RMB 40 million for the six months ending in June, compared to a loss of RMB 7.2 million in the same period last year. The turnaround to profitability is mainly attributed to the increase in the number of stores, driving revenue growth. In addition, the group is actively optimizing operational processes to enhance operational efficiency and control costs