CGII HLDGS (01940) issued a positive profit warning, expecting after-tax net profit for the first half of the year to be no less than 100 million yuan.

CGII HLDGS (01940) announced that the group expects to achieve a net profit after tax of no less than RMB 100 million for the six-month period ending June 30, 2026, compared to a net profit after tax of approximately RMB 74.6 million for the six-month period ending June 30, 2025. The increase in the net profit after tax is mainly attributed to the increase in revenue and gross profit, as well as a decrease in administrative expenses for the six-month period ending June 30, 2026. However, this increase is partially offset by a significant increase of no less than RMB 10 million in provisions for credit losses on trade receivables compared to the same period in 2025.