CGII HLDGS Projects At Least 100 Million Yuan in Net Profit for First Half

Stock News08-06

CGII HLDGS (01940) has issued a profit alert, announcing that the group expects to record a net profit after tax of no less than RMB 100 million for the six-month period ending June 30, 2026, compared to a net profit after tax of approximately RMB 74.6 million for the six-month period ending June 30, 2025.

The increase in net profit after tax is primarily attributed to higher revenue and gross profit, along with reduced administrative expenses during the six-month period ending June 30, 2026. However, this was partially offset by an increase in the credit loss provision for trade receivables, which is expected to be no less than RMB 10 million higher than the same period in 2025.

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