Group 1 - The core business of Cornerstone Technology (08391) showed significant growth, with sales of electric vehicle charging systems and recurring revenue from Cornerstone HOME (private charging) and Cornerstone GO (public charging) increasing by 62% and 110% year-on-year respectively [1] - The company's gross profit increased by 38% to HKD 10.1 million, with a gross margin improvement of 7.1 percentage points to 21% [1] - Adjusted loss before interest, depreciation, and amortization (LBITDA) improved significantly from HKD 28.9 million to HKD 24.3 million, highlighting the benefits of strict cost management and operational optimization [1] Group 2 - In Thailand, the joint venture Spark EV has made notable progress with 62 charging stations in operation, 30 awaiting meter approval, and 28 under construction [2] - The company has received approval for continuing connected transactions (CCT) with Spark EV, expecting substantial revenue in the second half of 2025 [2] - In New Zealand, a strategic cooperation agreement was signed with local partner RCR Green EV [2] Group 3 - The electric vehicle market in Hong Kong is experiencing strong growth, with over 60% of newly registered vehicles being electric and the total number of private electric vehicles exceeding 120,000 [2] - The number of public electric vehicle charging points increased by nearly 30% year-on-year, indicating a significant supply-demand gap in the market [2] - Cornerstone Technology plays a crucial role in addressing this critical infrastructure gap [2]
基石科技战略转型成效显著：上半年毛利大增38% 电动车充电业务收入激增1.1倍