V.S. INT'L (01002.HK): Expects Interim Profit of USD 3,000,000-4,000,000, Markedly Up from the Same Period Last Year

NewTimeSpace News: On 12 August 2026, V.S. International Group Limited (stock code: 01002) issued a positive profit warning, expecting a profit for the six months ended 30 June 2026 of between USD 3,000,000 and USD 4,000,000, compared with RMB 6,600,000 (equivalent to approximately USD 900,000) for the same period in 2025.

The announcement attributed the substantial increase in profit mainly to: an expansion of the Group's business scale, increasing revenue by approximately USD 3,000,000 with a corresponding increase in gross profit; an increase of approximately USD 200,000 in rental income from leasing a plant in Zhuhai, the PRC; and a decrease of approximately USD 200,000 in selling expenses. The Group expects a profit attributable to owners of the Company of between USD 2,000,000 and USD 3,000,000 for the period, versus approximately RMB 600,000 (equivalent to approximately USD 100,000) in the same period of 2025.

The figures are based on a preliminary assessment by the Board and have not been audited or reviewed by the external auditors, and actual results may differ. The interim results announcement is expected to be published by the end of August 2026.

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