Zhongtong Finance APP news, Haojing Technology (02440) announced its mid-year performance in 2024, with a profit of 31.05 million yuan, a year-on-year decrease of about 82.4%; a net loss of 30.742 million yuan, compared to a net profit of 10.291 million yuan in the same period last year; a loss of 14.34 cents per share.

The announcement stated that the decrease in revenue was mainly attributable to the customers in the group's internet of things industry delaying their projects due to concerns about cash flow and the uncertainty of the macroeconomic situation, resulting in a decrease in revenue from data transmission and processing services; and insufficient customer demand, resulting in no sales of communications equipment during the reporting period, leading to a decrease in equipment sales revenue.