利欧股份：上半年净利润4.78亿元 同比扭亏

Core Viewpoint - Liou Co., Ltd. reported a significant turnaround in its financial performance for the first half of 2025, achieving a net profit after a previous loss, primarily due to gains from its investment in Li Auto stocks [1] Financial Performance - The company achieved an operating revenue of 9.635 billion yuan, a year-on-year decrease of 9.62% [1] - The net profit attributable to shareholders was 478 million yuan, compared to a loss of 744 million yuan in the same period last year, indicating a successful turnaround [1] - Basic earnings per share were reported at 0.0706 yuan [1] Investment Gains - The turnaround in profitability was largely driven by a fair value change gain from the increase in the price of Li Auto stocks held by the company [1] - The total gain from holding and disposing of Li Auto stocks amounted to 207 million yuan, with a net profit impact of 155 million yuan attributable to shareholders [1] Operational Stability - Excluding non-recurring gains, the company's core business profitability remained stable, indicating resilience in its operational performance despite the decline in revenue [1]