JIASHILI GP (01285) issues positive profit forecast, expecting the mid-term net profit to increase by approximately 640% to 663% year-on-year.

JIASHILI GP (01285) announced that the group expects its net profit for the six months ending June 30, 2026, to be between approximately RMB 58.9 million and approximately RMB 61 million, representing an increase of about 640% to 663% compared to the group's net profit of approximately RMB 9.2 million for the six months ending June 30, 2025. According to the information available to date, the anticipated increase in net profit during the relevant period is mainly attributed to the combined impact of the following factors: (i) an increase in sales revenue of approximately RMB 60.3 million during the relevant period; (ii) the group's continued and in-depth implementation of its lean management strategy, which includes reducing costs, improving efficiency, optimizing management, and technical transformation, resulting in a decrease in administrative and sales expenses of approximately RMB 25.2 million compared to the same period last year; (iii) the stabilization of the global commodity market and a decrease in raw material costs, leading to an increase in gross profit of approximately RMB 21.7 million compared to the same period last year.