科士达：上半年营收净利双增长

Core Insights - The company reported a revenue of 2.163 billion yuan for the first half of 2025, representing a year-on-year growth of 14.35% [1] - The net profit attributable to shareholders reached 255 million yuan, with a year-on-year increase of 16.49% [1] - In Q2 2025, the company achieved a revenue of 1.219 billion yuan, showing a year-on-year growth of 15.00% and a quarter-on-quarter increase of 29.25% [1] - The net profit for Q2 2025 was 144 million yuan, reflecting a year-on-year growth of 51.58% and a quarter-on-quarter increase of 29.93% [1] Business Segments - The company is focused on the "data center + new energy" dual business model, showing growth in both revenue and net profit in the first half of 2025 [1] - The data center business is identified as the core segment, benefiting from the surge in data center infrastructure driven by advancements in AI technology [1] - The company 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 presence in overseas markets, achieving breakthroughs in North America, Europe, and Southeast Asia [1] New Energy Business - The company indicated that the new energy business experienced short-term fluctuations due to inventory impacts from European clients in 2024 [2] - However, the demand recovery in the European energy storage market is expected to drive the new energy segment back into a growth trajectory [2]