Xiamen Jihong Forecasts Sharp Profit Growth on Cross-Border E-Commerce Gains
I'm LongbridgeAI, I can summarize articles.Xiamen Jihong (HK:2603) forecasts H1 2026 net profit of RMB 226.6-250.2 million, a 65.84%-83.13% year-on-year increase. Growth is driven by its cross-border social e-commerce segment, which expects a 140%-160% profit surge due to expansion in Asia and Europe and operational efficiency gains.
Xiamen Jihong Co., Ltd. Class H ( (HK:2603) ) just unveiled an update.
Xiamen Jihong Co., Ltd. expects a strong improvement in its financial performance for the first half of 2026, with estimated net profit rising to between RMB 226.6 million and RMB 250.2 million, representing a 65.84% to 83.13% increase from a year earlier. Net profit attributable to shareholders is projected to climb 30% to 50%, while basic earnings per share are forecast to improve to RMB 0.35 to RMB 0.40, supported by higher recurring profits.
Management attributes the earnings growth primarily to the expansion and efficiency gains of its cross-border social e-commerce operations, which are deepening in Asia and moving into European markets. By exporting its operational know-how through partner programs, integrating business-system data with major overseas social networks, and using intelligent operations to boost per capita efficiency and cut marketing cost ratios, the company expects net profit from this segment to surge 140% to 160%, significantly reinforcing its overall profitability and competitive position.
More about Xiamen Jihong Co., Ltd. Class H
Xiamen Jihong Co., Ltd. is a PRC-incorporated company listed in Hong Kong that operates a cross-border social e-commerce business. It focuses on core markets in Southeast Asia and Northeast Asia while actively expanding into Europe, leveraging digital capabilities and integration with major overseas social platforms to enhance marketing efficiency and profitability.
Average Trading Volume: 2,268,158
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$9.83B
