CHANJET (01588) Reports Interim Results with Net Profit of RMB 33.513 Million

Stock News
08/26

CHANJET (01588) announced its results for the six months ended June 30, 2025, reporting revenue of RMB 483 million, representing a year-on-year increase of 6.7%. The company achieved a net profit of RMB 33.513 million, compared to a loss of RMB 9.879 million in the same period last year. Basic earnings per share reached 10.5 cents.

During the reporting period, the Group turned from loss to profit compared to the same period last year, primarily attributable to: (i) the Group's steadfast implementation of its long-term strategy prioritizing cloud services and subscription models, resulting in continued growth in revenue and gross profit; (ii) the Group's commitment to efficient operations, with research and development costs, sales and distribution expenses, and administrative expenses all declining as a percentage of revenue compared to the same period last year; and (iii) fair value gains of RMB 7.94 million on unlisted equity investments measured at fair value through profit or loss during the current period, versus fair value losses of RMB 9.82 million in the same period last year.

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