Weicheng International (01002) Fa Yingxi expects profit to be accounted for by shareholders of 2 million US dollars to 3 million US dollars in the medium term

Zhitong Finance App News, Weicheng International (01002) announced that the Group expects to record a profit of 3 million US dollars to 4 million US dollars for the six months ending June 30, 2026 (this period), compared to RMB 6.6 million (equivalent to about 900,000 US dollars) for the same period in 2025. Specifically, the Group expects to record profit attributable to the Company's owners of US$2 million to US$3 million during the period, compared to approximately RMB 600,000 (equivalent to approximately US$100,000) for the same period in 2025.

The sharp increase in profit during the period was mainly due to: (i) an increase in revenue of about 3 million US dollars and a corresponding increase in the Group's gross profit during the period; (ii) an increase of about 200,000 US dollars in rental income from leasing a plant located in Zhuhai, People's Republic of China (China); and (iii) a decrease in sales expenses of about 200,000 US dollars.