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FINWIRES

Jia Yao Expects Return to H1 Profit

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Jia Yao Holdings (HKG:1626) expects to report a net profit after tax of 11 million yuan to 15 million yuan for the first half of 2026, compared with a net loss of 22.2 million yuan a year earlier.

The paper cigarette packages supplier attributed the expected turnaround to strong growth in its e-vapor MCU and control chip business and a recovery in its e-cigarettes business, according to a Thursday Hong Kong bourse filing.

The company expects to release its interim results on Aug. 28.

Shares of the company rose nearly 2% in recent trade.

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