Weiyali (00854) is making a profit. The consolidated net profit for the medium term is expected to increase year-on-year from HK$56.5 million to HK$66.5 million

According to Zhitong Finance App News, Weiyali (00854) announced that the board of directors expects a consolidated net profit of approximately HK$20.7 million for the six months ended June 30, 2025 (mid-term fiscal year 2025), the Group is likely to achieve a consolidated net profit of between HK$56.5 million and HK$66.5 million for the six months ended June 30, 2026 (current period), and the revenue for the period is expected to be between HK$1.47 billion and HK$1.48 billion, an increase of approximately 27% to 28%.

The Board of Directors believes that the significant improvement in the Group's financial performance during the period is mainly due to the following factors: (i) the Group's sales revenue for the current period improved significantly compared to the mid-fiscal year 2025, mainly due to strong domestic demand from the Group's electronic components division, and active management launching new product lines, acquiring new customers, and continuously improving supplier and customer satisfaction; and (ii) exchange gains generated by the appreciation of the RMB (against HKD).