Glodon Company Limited (002410.SZ) Reports First-Half Results with Net Profit of 237 Million Yuan, Up 23.65%

Stock News08-25

Glodon Company Limited (002410.SZ) released its 2025 interim report. The company recorded operating revenue of 2.784 billion yuan, representing a year-over-year decrease of 5.23%. Net profit attributable to shareholders of the listed company reached 237 million yuan, marking a 23.65% increase compared to the same period last year. Net profit attributable to shareholders after excluding non-recurring gains and losses was 214 million yuan, up 22.67% year-over-year. Basic earnings per share stood at 0.1442 yuan.

During the reporting period, the company achieved operating revenue of 2.784 billion yuan, down 5.23% year-over-year. The revenue structure has expanded, with digital construction, digital design, and overseas businesses accounting for 16.49% of total operating revenue, an increase of nearly 2 percentage points.

Breaking down by business segments: Digital cost business generated operating revenue of 2.286 billion yuan, declining 7.06% year-over-year. More than 60% of the revenue change was attributed to reduced phased revenue recognition from previously signed cloud contracts, though the decline in new cloud contract signings in the second quarter has narrowed significantly. Digital construction business achieved operating revenue of 312 million yuan, up 8.21% year-over-year. Digital design business recorded operating revenue of 31 million yuan, down 13.11% year-over-year. Overseas business generated operating revenue of 116 million yuan, increasing 9.62% year-over-year.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment