Yashiwei (01993.HK) reports a profit gain, expecting a net profit of approximately 14.6 million yuan in the mid-term, turning losses into gains year-on-year.

date
17/08/2025
Zhitong Finance APP News, Yashiwei (01993.HK) announced that it is expected to achieve a net profit of approximately RMB 14.6 million for the six months ending June 30, 2025, while it incurred a net loss of approximately RMB 7.6 million for the six months ending June 30, 2024. The Board of Directors believes that the turnaround from a net loss to a net profit is mainly due to the following factors compared to the previous period: (i) improvement in operating performance after the termination of underperforming projects; (ii) reduction in franchise fees for certain projects; and (iii) improvements in cost control strategies.
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