Chervon Projects H1 2026 Net Profit of US$100–110 Million, Up 5–15% Year-on-Year

Bulletin Express07-16

Chervon Holdings Limited released a positive profit alert indicating that unaudited consolidated net profit for the six months ended 30 June 2026 is expected to reach US$100.00 million to US$110.00 million, compared with US$95.30 million in the same period of 2025, representing growth of approximately 5%–15%.

The company does not anticipate any non-HKFRS adjustments for the reporting period, implying that reported and adjusted net profit figures will align. On this basis, adjusted net profit is projected to rise 32%–45% from US$76.00 million a year earlier.

Management attributed the stronger earnings to: 1. Solid expansion in overall revenue, led by the company’s own-branded products. 2. Higher gross margin driven by the performance of EGO-branded products. 3. Benefit from tariff refunds.

The figures are based on preliminary management accounts that remain unaudited and subject to potential revisions. Chervon plans to release its full interim results in mid-August 2026 and advises shareholders and investors to exercise caution when dealing in its shares.

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