阅文2025年上半年营收31.9亿元，净利润8.5亿元

Core Viewpoint - In the first half of 2025, the company reported a revenue of 3.19 billion yuan, a year-on-year decrease of 23.9%, while net profit reached 850 million yuan, showing a year-on-year increase of 68.5% [1] Revenue Breakdown - Online business revenue was 1.99 billion yuan, representing a year-on-year growth of 2.3% and accounting for 62.2% of total revenue [1] - Copyright operation and other revenues amounted to 1.21 billion yuan, making up 37.8% of total revenue [1] - The GMV (Gross Merchandise Volume) of IP derivative products reached 480 million yuan, nearly matching the total for the entire year of 2024 [1] Operational Highlights - The online reading platform added 200,000 new authors and 410,000 new novels, with a total of approximately 20 billion new words added [1] - The number of newly signed works with revenue exceeding 1 million yuan increased by 63% year-on-year [1] - The average monthly paying users (MPU) reached 9.2 million, reflecting a year-on-year growth of 4.5% [1]