Core Insights - China Intelligent Transportation (01900) reported a revenue of 478.7 million yuan for the first half of 2025, representing a year-on-year increase of 67.9% [1] - The gross profit reached 246.6 million yuan, which is an increase of 107.8% compared to the same period last year [1] - The profit attributable to the parent company was 361.6 million yuan, marking a turnaround from a loss to profit [1] - Earnings per share stood at 0.21 yuan [1] Financial Performance - The significant turnaround to profitability was primarily due to the control gained over Hengtong Kaiyuan on January 1, 2025, with a fair value gain of approximately 350 million yuan recognized at the acquisition date [1] - The financial asset fair value change loss for the first half of the year was 2.5 million yuan, a substantial decrease from the 52.7 million yuan loss recorded in the same period last year, reflecting a reduction of 52.2 million yuan [1] - Operational factors such as gross profit, other income, sales and distribution expenses, administrative expenses, impairment losses on financial and contract assets, and other costs contributed to a net profit decrease of 7.5 million yuan compared to the previous year [1]
中国智能交通(01900)公布中期业绩 归母净利为3.616亿元 同比扭亏为盈