Kyland revenue falls, but shifts underway boost future outlook

Kyland Technology (SZSE:300353) reported a 11.52% year-over-year decrease in revenue, totaling ¥1.03 billion for 2024, as outlined in its annual report. Despite the revenue decline, the company’s strategic shift towards industrial operating systems and software drove a 25.8% increase in that business segment. They noted that the company secured key deals with leaders in the semiconductor, intelligent construction, and automation industries. Key goals for 2025 include capitalizing on domestic production trends, growing software operations, strengthening control, and improving efficiency.