YESASIA HLDGS (02209) has issued a positive profit alert, indicating the company expects to record a net profit of approximately US$18.3 million for the six months ending June 30, 2026. This represents an increase of about 30.0% compared to the US$14.1 million reported in the corresponding period last year.
The increase in net profit is primarily attributed to strong revenue growth during the reporting period, which subsequently drove higher gross profit. Additionally, the company's ongoing cost management efforts have resulted in administrative expenses growing at a slower pace than revenue, thereby enhancing overall profitability. The projected net profit already factors in approximately US$1.2 million in one-off expenses related to termination benefits resulting from organizational streamlining.