Intron Technology sees revenue grow 5% as profit halves in H1

Intron Technology Holdings reported a 5% year-on-year increase in total revenue to RMB2,966.3 million for the six months ended 30 June 2025. This growth was primarily driven by strong performance in the Safety and Cloud Server segments, which saw revenue increases of 27% and 135% respectively. The New Energy segment, while remaining the largest contributor at 48.5% of total revenue, experienced a marginal 1% decrease.

Despite revenue growth, gross profit for the period decreased by 11% to RMB401.0 million, with the gross profit margin falling to 13.5% from 15.9% in the prior year. Net profit significantly declined by 50% to RMB47.975 million, down from RMB95.093 million in the first half of 2024. Earnings per share also decreased by 49% to RMB4.57 cents.

The company's R&D expenses remained stable at 7.4% of total revenue, amounting to RMB219.9 million. Cash and cash equivalents stood at RMB678.5 million as of 30 June 2025. The board did not recommend an interim dividend for the period.