Yihai International Holding Ltd.HKEX: 1579

Yihai International Holding: Stable revenue and profit, with growth in third-party sales and focus on innovation and expansion

· Issued by Yihai International Holding Ltd.

Revenue remained stable at RMB2,927.4 million, with net profit down 1.5% year-over-year. Third-party sales grew 6.5% while related party sales declined, and gross margin slipped to 29.5%. Focus for the second half is on product innovation, overseas expansion, and channel development.

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