BOE Technology Group sees H1 2025 net profit surge amid strategic moves

BOE Technology Group announced a 42.15% surge in net profit attributable to shareholders and an 8.45% increase in operating revenue for H1 2025, reaching 3.25 bn yuan and 101.28 bn yuan, respectively. These gains were bolstered by solid contributions from its Display Devices, IoT Innovation, Sensor, and MLED businesses, with Display Devices being the largest segment by revenue. The company’s total assets saw a slight decrease of 0.97% to 425.80 bn yuan, while equity attributable to shareholders increased by 0.04%.

The company also executed strategic capital actions, including a 2025 A-stock repurchase plan and the distribution of a 2024 final dividend of 0.5 yuan per 10 shares, totaling 1.87 bn yuan. Furthermore, BOE issued corporate bonds and medium-term notes totaling 6 bn yuan to fund equity investments, working capital, and debt repayment. In other significant events, the company completed the redemption of its 22BOEY1 corporate bonds on March 25, 2025, and saw its majority-owned subsidiary BOE Energy Technology Co., Ltd. list on the National Equities Exchange and Quotations on April 8, 2025.