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科士达:第二季度业绩重回高增长,加速布局海内外数据中心前沿产品和核心客户

Core Viewpoint - Company Keda (002518) reported a strong performance in the first half of 2025, with significant growth in both revenue and net profit, driven by its dual business focus on "data centers + new energy" [1] Financial Performance - In the first half of 2025, the company achieved operating revenue of 2.163 billion yuan, a year-on-year increase of 14.35% [1] - The net profit attributable to shareholders was 255 million yuan, reflecting a year-on-year growth of 16.49% [1] - In Q2 2025, revenue reached 1.219 billion yuan, up 15.00% year-on-year and 29.25% quarter-on-quarter [1] - Q2 net profit attributable to shareholders was 144 million yuan, showing a year-on-year increase of 51.58% and a quarter-on-quarter growth of 29.93% [1] Business Segments - The company's data center business is its core focus, benefiting from the surge in data center infrastructure driven by advancements in AI technology [1] - Keda has established itself as a major supplier for leading internet clients such as ByteDance, Alibaba, JD.com, and Century Internet [1] - The company is expanding its overseas presence, making significant inroads into data center markets in North America, Europe, and Southeast Asia [1] New Energy Sector - The new energy business experienced short-term fluctuations in 2024 due to inventory impacts from European clients [1] - In 2025, the demand in the European energy storage market is expected to recover, contributing positively to the company's performance [1] - The global expansion of new market businesses is anticipated to drive growth in the new energy segment, providing new momentum for the company's overall performance [1]