Shares of Baiwang Co (HKG:6657) surged 5.80% during intraday trading on Thursday, following the release of its impressive first-half 2025 financial results. The enterprise digitalization solutions provider reported a significant turnaround, swinging from a substantial loss to a profit.

According to a filing with the Hong Kong Stock Exchange, Baiwang posted a profit attributable to owners of 3.7 million yuan for the first half of 2025, a remarkable improvement from the 445.5 million yuan loss recorded in the same period last year. The company's revenue also saw a healthy increase, rising nearly 24% to 347.6 million yuan, up from 281.6 million yuan in the prior-year period. Earnings per share stood at 0.02 yuan, compared to a loss per share of 3.18 yuan a year earlier.

The strong financial performance demonstrates Baiwang's successful efforts in streamlining operations and capitalizing on the growing demand for enterprise digitalization solutions. While the board did not declare an interim dividend, investors appeared to react positively to the company's return to profitability, driving the stock price higher. This surge comes on top of the nearly 2% gain observed in late-morning trade, indicating sustained investor confidence in Baiwang's future prospects.