LINKLOGIS-W (09959) has released its interim results for 2026, reporting a remarkable turnaround as the company swung to a profit. For the period, the group recorded main business revenue and income of RMB 579 million, a substantial increase of 54.6% year-on-year. Shareholders of the company saw attributable profit of RMB 23.94 million, a stark contrast to the loss of RMB 380 million reported in the same period last year, with earnings per share coming in at RMB 0.01.
During the first half of 2026, the group firmly advanced its "AI + Industrial Finance" strategy, reshaping its revenue structure through AI-native technologies to achieve high-quality growth. Total revenue and income for the reporting period surged 55% to RMB 579 million compared to the prior year. This robust expansion was primarily fueled by the accelerating adoption of enterprise-level AI applications, centered on its proprietary large model "LDP-GPT" and the BeeLink AI Agent, within supply chain finance business scenarios. This drove the continued expansion of the industrial ecosystem network, steadily increasing total transaction volume, while also accelerating cross-selling to customers, which significantly boosted customer value contribution and the price per unit of transaction volume.
During the reporting period, the group's technology solutions processed a total supply chain transaction volume of approximately RMB 186.7 billion, a year-on-year increase of 22%. As of the end of the reporting period, the group served 3,856 core enterprises and 468 financial institutions, covering over 450,000 small and medium-sized enterprises across the supply chain. The customer retention rate remained high at 99%.
Alongside the leap in revenue growth, core profitability also strengthened steadily. Gross profit for the period grew 25% to RMB 263 million in the first half of 2026, up from RMB 210 million in the first half of 2025. The high degree of synchronization between gross profit and total transaction volume growth confirms that, empowered by AI-native technology, the group's scale expansion and core profit growth have formed a positive resonance, with the strategic benefits of transitioning to a high-quality, sustainable business model continuing to be realized.
The group achieved an attributable profit of RMB 24 million for the period, a significant improvement of 106% compared to the RMB 380 million loss in the same period last year, successfully achieving a turnaround to profitability. Building on the steady growth in gross profit, the notable improvement in performance was mainly attributed to two factors. First, the group continued to use its proprietary AI applications to enhance the quality and efficiency of its business and organizational processes, resulting in a substantial increase in operational efficiency, with the operating expense ratio dropping significantly by 26 percentage points compared to the same period in 2025. Second, the group's proactive risk management was executed effectively, with historical challenges related to legacy bridge supply chain assets being successfully resolved.
As of June 30, 2026, the group held a combined balance of cash and cash equivalents, time deposits, and restricted cash totaling RMB 4.5 billion, reflecting ample cash reserves and a healthy, stable financial position.