Jin Jing Xinneng (01783)'s net profit is expected to soar to over HK$55 million in the medium term

According to the Zhitong Finance App, Jin Jing Xinneng (01783) announced that the group expects to achieve net profit of over HK$55 million in the six months ending September 30, 2026, while net profit of about HK$14.4 million for the same period in 2025.

The Board believes that the increase in net profit is mainly due to the combined effects of the following factors: (i) revenue and gross profit for the relevant period are expected to increase to more than HK$3.5 billion and HK$220 million, mainly driven by significant business growth in the reverse supply chain management and environment-related services segment; and (ii) sales and distribution expenses are expected to increase to over HK$130 million during the relevant period, due to the increase in business volume and the increase in operating processing and logistics costs.