Youlife H1 Net Profit Rises

(RTTNews) - Youlife Group (YOUL) reported first half net profit of RMB 37.7 million, compared to RMB 1.0 million, prior year. Operating income was RMB 45.8 million, up 93.3%. First half total revenues were RMB 913.3 million, an increase of 16.2% from RMB 786.1 million, prior year, driven by 24.1% growth in employee management services.

Lidong Zhu, CFO of Youlife, said: "Looking ahead, we will fastly execute the acquisitions and integrations in the fields of blue-collar talent vocational training and recruitment, and streamline and enhance our corresponding service lines and profit matrix."

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