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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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.