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2026-07-24 17:23:57 YUE YUEN IND (00551.HK) issued a profit warning, expecting net profit for the six months ended June 2026 to decrease by approximately 55% to 60% from about USD171 million in the same period last year. The decline in net profit was mainly attributable to multiple challenges facing the operating environment of the group's manufacturing business. Weak demand led to a decline in sales scale, while rising costs and pressure on production efficiency negatively affected the gross profit margin of the group's manufacturing business. The group will continue to closely monitor changes in the global political and economic environment, and will continue to adopt rapid response as its core guiding principle to balance demand, order scheduling and labor supply, in order to strengthen operating efficiency. (sl/da)~ AASTOCKS Financial News Website: www.aastocks.com This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. | |