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*ST高鸿上半年营收4.01亿元同比降48.32%，归母净利润-1.40亿元同比降3166.01%，净利率下降34.93个百分点
Xin Lang Cai Jing·2025-08-29 15:29

Core Viewpoint - *ST Gaohong reported a significant decline in revenue and net profit for the first half of 2025, indicating ongoing financial challenges for the company [1][2]. Financial Performance - The company's revenue for the first half of 2025 was 401 million yuan, a year-on-year decrease of 48.32% [1]. - The net profit attributable to shareholders was -140 million yuan, a staggering year-on-year decline of 3166.01% [1]. - The basic earnings per share were -0.12 yuan [2]. - The gross profit margin for the first half of 2025 was 12.31%, an increase of 4.88 percentage points year-on-year [2]. - The net profit margin was -35.18%, a decrease of 34.93 percentage points compared to the same period last year [2]. Cost Structure - Total operating expenses for the first half of 2025 amounted to 187 million yuan, an increase of 30.87 million yuan year-on-year [2]. - The expense ratio was 46.57%, up 26.48 percentage points from the previous year [2]. - Sales expenses decreased by 19.67%, while management expenses increased by 0.30%, R&D expenses decreased by 26.16%, and financial expenses surged by 214.64% [2]. Shareholder Information - As of the end of the first half of 2025, the total number of shareholders was 53,100, a decrease of 5,007 shareholders or 8.62% from the previous quarter [3]. - The average market value per shareholder increased from 48,800 yuan to 53,200 yuan, reflecting an increase of 8.98% [3]. Business Overview - *ST Gaohong, established on January 20, 1994, and listed on June 9, 1998, is based in Haidian District, Beijing [3]. - The company's main business includes industry/information technology services, internet communication marketing, fuel services, mobile media, and IT product sales [3]. - The revenue composition is as follows: digital services 35.31%, IT sales 33.01%, digital applications 30.98%, and others 0.69% [3]. - The company operates within the communication equipment sector, specifically in communication network devices and components [3].