China oral ind (08406) announced that compared with the net loss of approximately RMB 3.6 million for the six months ended June 30, 2023, the group is expected to achieve a net income of approximately RMB 0.9 million for the six months ended June 30, 2024.

The board of directors believes that the turnaround from loss to profit during the reporting period is mainly due to increased sales and improved gross margin of the group, primarily driven by the improvement in the inflatable product business, as well as the contributions from the acquired dental services, yarn and polyester businesses.