Yusei Holdings Reports Increased Mid-Year Profits

Yusei Holdings Ltd. (HK:0096) has released an update.

Yusei Holdings Limited reported a solid increase in profits for the first half of 2024, with unaudited interim results showing a gross profit of RMB 126,924,000 and a net profit of RMB 28,255,000, up from last year’s RMB 107,375,000 and RMB 19,309,000 respectively. Despite slightly higher costs and lower other income, the company’s earnings per share improved to RMB 0.0436 from RMB 0.0303. The financial update indicates a positive trend for the company, with total comprehensive income for the period also rising to RMB 28,413,000.

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