Core Viewpoint - The company reported a significant increase in revenue and net profit for the first half of the year, driven by industry recovery, despite facing losses from specific projects [1] Financial Performance - The company achieved operating revenue of 3,425.86 million yuan, representing a year-on-year growth of 18.91% [1] - The net profit attributable to shareholders was 28.83 million yuan, with a year-on-year increase of 47.85% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 46.74 million yuan, reflecting a year-on-year growth of 62.50% [1] - Total assets reached 14,989.81 million yuan, an increase of 9.67% compared to the end of the previous year [1] - The net assets attributable to shareholders were 5,050.19 million yuan, up 2.32% from the end of the previous year [1] Profitability Metrics - The overall gross margin of the company was 18.45%, an increase of 1.89 percentage points year-on-year [1] - The expense ratio increased by 0.15 percentage points year-on-year, with the sales expense ratio decreasing by 0.29 percentage points, management expense ratio decreasing by 1.29 percentage points, R&D expense ratio increasing by 0.52 percentage points, and financial expense ratio increasing by 1.21 percentage points [1] Challenges - Despite the growth in revenue and net profit, the company faced challenges due to losses from the FCBGA packaging substrate project and the Yixing Silicon Valley high-layer PCB business [1]
兴森科技(002436.SZ):上半年净利润2883.29万元 同比增长47.85%