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 Julong Holding Limited Reports Unaudited Financial Results for the First Half of Fiscal Year 2025
 Globenewswireยท 2025-09-25 09:00
 Core Viewpoint - Julong Holding Limited reported strong operational and financial results for the first half of fiscal year 2025, highlighting a 10% year-over-year revenue growth and a significant increase in contracts signed for intelligent projects [2][4].   Financial Highlights - Total revenue increased by 10% year-over-year to RMB102 million (approximately US$14.08 million) for the six months ended March 31, 2025, compared to RMB92.85 million in the same period of fiscal year 2024 [4][12]. - Revenue from core engineering solutions for intelligent projects rose by 13.4% to RMB97.86 million (approximately US$13.49 million) [5]. - Gross profit increased by 15.6% to RMB16.72 million (approximately US$2.30 million), with gross margin improving to 16.4% from 15.6% year-over-year [7][12]. - Operating income and net income both rose by 30% and 30.2% year-over-year, reaching RMB13.61 million (approximately US$1.88 million) and RMB11.57 million (approximately US$1.59 million) respectively [8][9].   Operational Performance - The company signed 144 contracts for engineering solutions, marking a 76% increase year-over-year [2]. - Operating expenses decreased by 22.1% to RMB3.11 million (approximately US$428 thousand), reflecting the company's efforts to reduce costs and improve efficiency [8].   Initial Public Offering (IPO) - Julong completed its IPO on June 27, 2025, offering 1,250,000 Class A ordinary shares at US$4.00 per share, with total offering size approximately US$5.75 million [3].   Future Outlook - The company aims to expand its domestic business while increasing its international presence, leveraging its technologies and brand influence as a U.S.-listed entity [2].
