Core Viewpoint - Changjie Tong (01588.HK) reported a significant improvement in financial performance for the nine months ending September 30, 2025, with a notable shift towards cloud subscription services driving revenue growth and profitability [1] Financial Performance - The company achieved operating revenue of RMB 722.89 million, representing a 7% increase compared to the same period last year [1] - Cloud subscription revenue reached RMB 525.69 million, up 9% year-on-year, accounting for 73% of total revenue [1] - Net profit attributable to shareholders was RMB 42.55 million, a significant turnaround from a net loss of RMB 28.95 million in the previous year [1] Cloud Subscription Business - The cloud subscription contract liabilities at the end of the reporting period amounted to RMB 728.70 million, reflecting a 16% increase from the end of the previous year [1] - Revenue from cloud subscription through distribution and direct sales channels, excluding ecosystem partner sales, grew by 27% year-on-year [1] Cost Management - The company has successfully implemented cost optimization strategies, resulting in a decrease in the proportion of research and development expenses, sales expenses, and administrative expenses relative to revenue compared to the previous year [1] Asset Growth - As of September 30, 2025, total assets were RMB 1,822.69 million, an 8% increase from RMB 1,694.66 million at the end of the previous year [1]
畅捷通(01588.HK)前三季度扭亏为盈至4255万元 营收同比增长7%