Glodon Company Limited (002410.SZ) has released its interim results for the first half of 2026, revealing a 15.53% year-on-year drop in net profit attributable to shareholders, which came in at RMB 200 million. The company's operating revenue for the period totaled RMB 2.613 billion, marking a 6.12% decrease compared to the same timeframe last year.
According to the semi-annual report, the company's net profit excluding non-recurring gains and losses stood at RMB 171 million, reflecting a sharper 19.74% decline from the prior-year period. Earnings per share for the six-month period were RMB 0.1223.
The company attributed the revenue contraction to ongoing volatility in downstream industries coupled with deliberate adjustments to its business structure. In response to the shifting external landscape, management has proactively reshaped its product and business mix, aiming to stabilize its core operations while simultaneously cultivating fresh avenues for growth.
During the reporting period, the digital cost business maintained steady renewal rates for its flagship products, leveraging DATA+AI capabilities to unlock product value enhancements and expand into new application domains. The digital construction segment concentrated on upgrading product value and improving delivery efficiency, resulting in sustained improvements in both gross margins and operational performance.
Meanwhile, the digital design division has progressively strengthened its product competitiveness, with initial success in developing platform-based offerings. Its business coverage continues to widen, and landmark project milestones are being achieved at an accelerating pace. Overseas revenue sustained its upward trajectory, with the newly launched QuantifAI (global quantity takeoff) and CostAI (global pricing) solutions currently undergoing client validation across Southeast Asian markets, where they have garnered favorable feedback and are underpinning the company's global expansion strategy.
On the artificial intelligence front, Glodon is advancing industrial AI adoption through a three-tier framework—encompassing point-specific efficiency gains, workflow optimization, and comprehensive business transformation. These initiatives are driving a significant leap in product value and business model innovation, laying a solid groundwork for the company's long-term growth prospects.
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