JIA YAO HLDGS Surges Over 8% on H1 Profit Turnaround Forecast; E-Cigarette Business Recovers

Stock News07-27

JIA YAO HLDGS (HKEX: 01626) shares surged more than 8%, trading at HK$25.60 as of press time, marking an 8.29% gain with a turnover of HK$8.3982 million.

Based on currently available information from the company's management, the group expects to record a net profit after tax ranging from approximately RMB 11 million to RMB 15 million for the six months ending June 30, 2026. This compares to a net loss after tax of approximately RMB 22.2 million for the corresponding period ending June 30, 2025.

The expected turnaround to profitability is primarily attributed to two factors: the robust growth of the group's electronic atomization microcontroller and main control chip business during the six months ending June 30, 2026, and the recovery of its e-cigarette business compared to the same period in the prior year.

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