YE XING GROUP issues profit warning, expects mid-term net profit to increase to approximately 12.8 million yuan year-on-year
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YE XING GROUP expects its interim net profit for the period ending June 30, 2025, to increase year-on-year to approximately 12.8 million yuan, compared to 6.6 million yuan in the same period last year. The growth in net profit is mainly attributed to an increase in gross profit to approximately 43.6 million yuan, a decrease in administrative expenses to approximately 18.9 million yuan, and a reduction in impairment losses on trade and other receivables to approximately 5.4 million yuan
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