磁谷科技：上半年净利润448.49万元，同比下降46.10%

Group 1 - The company, Mag Valley Technology (688448), reported a revenue of 152 million yuan for the first half of 2025, representing a year-on-year growth of 1.17% [1] - The net profit attributable to the parent company was 4.4849 million yuan, showing a decline of 46.10% compared to the same period last year [1] - The basic earnings per share for the company was 0.06 yuan [1] Group 2 - The decline in net profit is primarily attributed to industry competition, which has led to a decrease in the company's main business gross profit margin compared to the same period last year [1] - The company received a significant amount of government subsidies in the same period last year, which contributed to the comparative decline in net profit [1]