Litemax (01936) issues profit warning, expecting profit attributable to shareholders in the first half of the year to increase to over 7 million ringgit.

Zhihui Finance APP reported that Litemin (01936) announced that for the period ending June 30, 2026, the profit attributable to the company's equity holders will increase to over 7 million ringgit, compared to approximately 5.2 million ringgit for the period ending June 30, 2025. The Board of Directors believes that this improvement is mainly due to several key factors: (i) the successful launch of a series of new products last year drove an increase in the group's revenue; (ii) gross profit increased with sales growth and an improvement in gross margins; (iii) a decrease in project expenditures related to investments in Matou Village, Dongjiao Town, Wenchang City, Hainan Province, China.