路德环境连亏一年半 国投证券保荐上市A股募4.78亿元

Core Viewpoint - The financial performance of Lude Environment (688156.SH) in the first half of 2025 shows a slight increase in revenue but significant losses in net profit compared to the previous year [1][2]. Financial Performance Summary - Revenue for the first half of 2025 reached 147 million yuan, representing a year-on-year growth of 1.08% [1][2]. - The net profit attributable to shareholders was -13.07 million yuan, a decline from a profit of 1.50 million yuan in the same period last year, marking a decrease of 969.04% [1][2]. - The net profit after deducting non-recurring gains and losses was -14.30 million yuan, compared to a profit of 0.25 million yuan in the previous year, reflecting a decrease of 5,769.09% [1][2]. - The net cash flow from operating activities was 11.76 million yuan, down 47.49% from 22.40 million yuan in the same period last year [1][2]. Previous Year Comparison - In 2024, the company reported a revenue of 27.76 million yuan, a decrease of 20.92% from 35.11 million yuan in 2023 [3]. - The net profit attributable to shareholders for 2024 was -56.55 million yuan, a significant drop from a profit of 26.97 million yuan in 2023, indicating a decline of 309.69% [3]. - The net profit after excluding non-recurring items was -59.67 million yuan, compared to a profit of 20.46 million yuan in the previous year, showing a decrease of 391.6% [3]. - The net cash flow from operating activities improved to 53.45 million yuan from -19.13 million yuan in 2023, representing a 379.41% increase [3]. Fundraising and Financial Activities - Lude Environment raised a total of 365 million yuan through its initial public offering, with a net amount of 324 million yuan after deducting issuance costs [4]. - The company planned to raise 350 million yuan, allocating 150 million yuan for upgrading its technology research and development center and 200 million yuan for information technology projects [4]. - In 2022, the company raised 113.18 million yuan through a private placement, with a net amount of 109.03 million yuan after deducting issuance costs [5][6].