Yixin Travel Group (01047.HK) expects annual net profit attributable to shareholders to be no more than HK$1 million, turning around a loss to a profit year-on-year.

Finance APP message, Yixingxing (01047.HK) announced that the company's attributable loss to shareholders for the year ended June 30, 2024 was 18.41 million Hong Kong dollars, and the group is expected to record a profit attributable to shareholders of no more than 1 million Hong Kong dollars for the year ending June 30, 2025. In the current year, the global political and economic environment remains complex and uncertain, with weak external demand and unclear U.S. tariff policies affecting the global supply chain landscape. Market consumer sentiment is not ideal, and customers are cautious about placing orders, putting continued pressure on the industry's overall operations. However, due to the group's commitment to sound business practices, continuous optimization of product portfolio, focus on customer structure, and seizing policy opportunities to promote diversified layout, the group's overall sales volume, total revenue, and gross profit margin have all increased in the current year, resulting in a profit.