On November 28, Gelonhui reported that for the 6 months of the 2025 fiscal year, the total revenue was approximately 2.128 billion yuan, an increase of about 69.5% year-on-year; the net profit for the 6 months of the 2025 fiscal year was approximately 75.3 million yuan, an increase of about 23.0% year-on-year; the basic earnings per share for the 6 months of the 2025 fiscal year was approximately 0.089 yuan (6 months of 2024 fiscal year: approximately 0.094 yuan), a decrease of about 5.3% year-on-year.
The increase in net income is mainly due to the following reasons: (i) The group's gross profit increased due to increased revenue; (ii) Other income increased due to additional deductions of input tax credit for value-added tax; (iii) The group's listing expenses decreased after listing in March 2024; however, some of the general and administrative expenses related to (iv) business development increased offsetting this.