镇海股份(603637.SH)：上半年净利润2595.61万元，同比下降30.42%

Core Viewpoint - Zhenhai Co., Ltd. (603637.SH) reported a decline in both revenue and net profit for the first half of 2025, indicating challenges in project execution and revenue recognition [1] Financial Performance - The company achieved an operating revenue of 171 million yuan, a year-on-year decrease of 14.76% [1] - Net profit attributable to shareholders was 25.96 million yuan, down 30.42% year-on-year [1] - The net profit after deducting non-recurring gains and losses was 22.25 million yuan, reflecting a 31.26% decline compared to the previous year [1] - Basic earnings per share stood at 0.11 yuan [1] Operational Challenges - The decrease in operating revenue was primarily due to the slower-than-expected progress of certain general contracting projects, which resulted in the inability to recognize planned revenue during the reporting period [1]