JIA YAO HLDGS (01626) Issues Profit Warning, Anticipates Significant Decrease in Net Profit for 2025 Fiscal Year

Stock News
Mar 10

JIA YAO HLDGS (01626) announced that the group expects to report a net profit after tax for the fiscal year ending December 31, 2025, in the range of approximately RMB 3 million to RMB 5 million. This compares to a net profit after tax of about RMB 48 million achieved in the 2024 fiscal year. The significant decrease in net profit after tax is primarily attributed to the group's adjustment of its sales strategies in multiple international markets during 2025. This strategic shift was implemented in response to recent volatility in global e-cigarette regulations and instability in international trade, which has negatively impacted sales orders and profitability.

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