Yuexuan Group (00551.HK) issued a profit warning, expecting the half-year profit attributable to shareholders to decrease by approximately 55% to 60% year-on-year.
China Finance and Economics App News, Yu Yuan Group (00551.HK) announced that the group expects that the profit attributable to owners of the company for the six months ending on June 30, 2026 will decrease by approximately 55% to 60% compared to the same period in 2025, with a reduction of approximately $171.2 million USD. According to the group's existing data, the decrease in profit is mainly due to the multiple challenges faced by the group's manufacturing business in the operating environment, weak demand leading to a decrease in sales volume, combined with rising costs and pressure on production efficiency, negatively impacting the gross profit margin of the group's manufacturing business during this period.
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