Kyland Technology reports mixed Q3 financials, revenue down but profit up

Kyland Technology announced an 11.72% year-over-year decrease in operating revenue for the first nine months of 2025, reaching 501,108,561.98 yuan. This decline is attributed to the company's strategic decision to optimize its business structure by reducing lower-margin solution offerings. Despite the revenue contraction, the company's net profit attributable to shareholders saw a modest increase of 1.32% year-over-year, totaling -148,292,847.12 yuan, after accounting for share-based payment effects.

Emerging business segments, including intelligent controllers and industrial operating systems, demonstrated strong growth in order amounts, increasing by 87.55% and 13.63% respectively. These segments also contributed to revenue growth, with intelligent controllers up 16.94% and industrial operating systems up 12.85%. The company's focus on cost control led to a 5.46% reduction in management expenses and an 8.78% decrease in sales expenses.

Total assets for Kyland Technology grew by 1.65% to 3,954,702,357.35 yuan by the end of the third quarter, while owners' equity attributable to the parent company decreased by 8.08% to 1,987,037,179.59 yuan. Significant balance sheet changes include a 62% decrease in transactional financial assets and a 50% increase in long-term payables, mainly due to the introduction of strategic investors in a subsidiary.