Yeahka Limited has declared its first interim dividend since listing after reporting higher first-half profit, stronger payment margins and rapid growth in Hong Kong, Macao and overseas markets, according to its Aug. 27 filing in Hong Kong. The company also said it had obtained a digital currency payment license in Arizona and completed related product research and development, placing a U.S. online-payment launch among its next international operating plans.
The results for the six months ended June 30, 2026, show Yeahka seeking to turn faster cross-border payment activity into a larger share of earnings while maintaining tighter control of operating costs. Its payment business generated gross profit of RMB244.0 million, up about 24.9% from a year earlier, the company said. Overall gross profit margin rose to 28.8%, compared with 23.3% in the prior-year period.
Net profit reached RMB41.9 million. Yeahka said it has now recorded year-on-year profit growth in the first half for four consecutive years, a record that coincides with a push beyond its mainland China merchant base.
Overseas payment volume rises nearly fourfold
Payment operations in Hong Kong, Macao and overseas regions processed about RMB6 billion in gross payment volume during the first half, a 293.8% increase from a year earlier, according to Yeahka. The company said the fee rate in those markets rose to 63.1 basis points, or 0.631%.
That combination of volume growth and a higher fee rate gives the international business greater potential to contribute to earnings rather than merely adding transaction throughput. Yeahka has set a target for Hong Kong, Macao and overseas operations to account for roughly 50% of payment-business profit within three years.
The target is ambitious relative to the size of the reported first-half overseas volume, but it also indicates how central international expansion has become to the company’s payment strategy. Cross-border payments can produce different economics from domestic acquiring, depending on merchant mix, local licensing, settlement arrangements and the payment methods supported in each market.
Yeahka did not provide a timetable for reaching its three-year profit contribution target in the results statement. Its filing instead pointed to new market entry and product deployment as the near-term mechanisms for expanding the business.
Arizona license supports U.S. payments plan
Yeahka said it obtained a digital currency payment license in Arizona and completed the associated product research and development work. The company plans to begin online payment operations in the United States and Asia, according to the filing.
The Arizona approval gives the company a regulatory foothold in one U.S. state for the digital-currency payment activity described in its statement. It does not, based on the filing, establish a nationwide U.S. rollout or specify which digital assets, merchant services, settlement options or customer segments would be included in the planned products.
For Yeahka, the license fits with its stated effort to expand payment operations beyond its existing markets. Digital-currency payment products could connect merchants to additional payment rails, though commercial adoption will depend on how the company structures its offering, secures further permissions where required, and integrates the service with merchant checkout systems.
The company’s emphasis on online payments in both the United States and Asia also suggests that its international strategy is not limited to physical point-of-sale terminals. Online acquiring can extend a payments provider’s reach to merchants selling across borders, where currency conversion, settlement speed and locally preferred payment methods can shape demand.
Merchant tools and in-store commerce add growth channels
Outside core payments, Yeahka reported sharp growth in transaction value from AI-generated video content used in its merchant solutions business. Transaction value reached RMB244.1 million in the first half, up 207% year on year, the company said.
Yeahka said its products received multiple awards from platforms including ByteDance. The filing did not detail the individual awards or the revenue generated specifically from AI-generated video tools, but the transaction-value figure indicates that the company is tying merchant software more directly to sales activity rather than offering digital tools only as stand-alone services.
Its in-store e-commerce operation also expanded during the six-month period. Gross merchandise volume exceeded RMB3.2 billion, an increase of more than 75% from a year earlier, according to the company. Revenue from the segment rose 21.2% to RMB31.1 million, while gross profit increased 26% to RMB22.0 million.
The segment’s gross profit margin climbed to 70.7% from 68.0%. That margin profile is substantially above the group’s 28.8% overall gross margin, making the business a potentially useful complement to the lower-margin, high-volume payments operation if it can sustain growth.
In-store e-commerce generally refers to digital services that help local merchants attract, transact with and retain customers through online channels while fulfilling purchases through physical locations. For a payment company, the model can create additional merchant touchpoints and transaction data while adding services that go beyond payment processing.
Cost controls underpin the earnings improvement
Yeahka said administrative and research-and-development expenses fell 8.1% year on year during the first half. The company attributed the decline to ongoing process and efficiency improvements, including wider use of a digital workforce and changes to R&D workflows.
Lower administrative and R&D spending alongside rising gross profit helped support the reported RMB41.9 million net profit. The figures also show that Yeahka’s earnings improvement was not solely driven by increasing payment volumes: the company reported better gross margins in payments and in-store e-commerce while reducing selected operating costs.
The interim dividend adds a shareholder-return element to a period dominated by expansion plans. Whether the company can continue that approach will depend on the profitability of its fast-growing international payments business and the cost of building out its U.S. and Asian online-payment operations.
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