Aoki Corporation(02519.HK): Expected net profit for 2025 to be between 150 million and 200 million yuan, a decrease of 60.3%-70.2% year-on-year

Gelonghui, March 6 — Aoji Co., Ltd. (02519.HK) announced that based on a preliminary assessment of the group’s unaudited consolidated management accounts and other existing data for the year ending December 31, 2025 (“the reporting period”), the group’s net profit attributable to the parent company during the reporting period is expected to be between RMB 150 million and RMB 200 million, representing a decrease of approximately 60.3% to 70.2% compared to the same period in 2024. The main reasons are: 1. In the commodity sales business, adjustments to tariff policies during the reporting period led to a significant increase in overall costs; 2. In the commodity sales business, the group’s strategic incubation projects are still in the early stages, with high investment costs diluting overall profits; 3. In the logistics solutions business, the addition of leased warehouses and the amortization of new right-of-use assets caused a substantial increase in operating costs, and the related revenue growth has not fully materialized, resulting in a decline in net profit; 4. In the logistics solutions business, the group plans to expand its self-delivery operations starting in 2025. During the initial phase, low order volume and low order density led to high delivery and transfer sorting costs, resulting in significant overall losses.