Zheli Holdings (02209) is profitable. Net profit for the first half of the year is expected to increase by about 30.0% year on year of about 18.3 million US dollars

According to the Zhitong Finance App, Zheli Holdings (02209) announced that the Group expects to make a net profit of about US$18.3 million in the six months ending June 30, 2026 (previous period: US$14.1 million), an increase of about 30.0% over the previous period.

The increase in net profit was mainly due to strong earnings growth during the reporting period, which led to an increase in gross profit. Furthermore, due to the Group's ongoing cost management, administrative expenses grew at a slower rate than revenue, thus driving overall profitability improvements. The anticipated net profit above takes into account a one-time cost of approximately $1.2 million for termination of employment benefits due to the streamlining of the organizational structure.