Newtouch Software released its 2026 interim report on August 27. During the reporting period, the company achieved operating revenue of 1.012 billion yuan, up 12.86% year on year, but net profit attributable to the parent was negative 10 million yuan, down 134.16% year on year, swinging from profit to loss and showing a trend of rising revenue without rising profit. Revenue from the company's core financial industry segment was 638 million yuan, up 14.77% year on year, of which insurance industry revenue was 403 million yuan and banking industry revenue was 234 million yuan. Enterprise services industry revenue was 333 million yuan, up 8.49% year on year. The decline in profitability was mainly due to intensified low-price competition in the traditional IT solutions business, with gross margin down 8.1 percentage points year on year. At the same time, the large-scale implementation of innovative businesses fell short of expectations, research and development expenses reached 86 million yuan, and convertible bond interest and equity incentive expenses of about 13 million yuan put phased pressure on profits. The company completed a private placement to raise funds, and net assets increased to 1.774 billion yuan, up 30.68% from the end of the previous year.
Shanghai Newtouch Software Co. Ltd. ANet profit swung to a loss of 10 million yuan, down 134.16% YoY, due to low-price competition and higher expenses.
