GD-HKGBA HLDGS (01396) saw its intraday surge exceed 10%. As of the latest update, the stock rose 7.63%, trading at HK$8.18, with a turnover of HK$45.9057 million.
Recent performance figures released by GD-HKGBA HLDGS show that the group's net profit reversed dramatically from a substantial loss of approximately HK$2.0413 billion in the 2024 fiscal year to an attributable net profit of about HK$73 million in the 2025 fiscal year. This fundamental turnaround is entirely attributed to the acquisition of Tiandun Data, a leading AI computing power service provider, completed last October. According to the financial report, Tiandun Data contributed approximately HK$616.7 million in revenue within just over two months after consolidation, accounting for 61.5% of the group's total revenue, and generated a gross profit of about HK$177.3 million, with an overall gross profit margin of 28.7%. Notably, the core AI computing power services segment achieved a gross profit margin as high as 39.6%.
Of particular interest, supplementary data disclosed in the financial report indicates that Tiandun Data's independent revenue for 2025 reached approximately HK$2.0253 billion, a year-on-year increase of 757.9%, with an attributable net profit of HK$207.1 million, marking a profitable performance. This suggests that the current financial report reflects only about 30% of its annual performance scale, indicating that the company's true profit potential has yet to be fully realized.