Yuanguang Software released its 2026 half-year report. First-half operating revenue was 1.06 billion yuan, up 0.5% year on year. Net profit attributable to the parent was 75.66 million yuan, up 0.3% year on year. Net profit attributable to the parent after deducting non-recurring items was 76.01 million yuan, up 2.8% year on year. Net operating cash flow was negative 543 million yuan, an improvement of 18.6% year on year. Earnings per share were 0.0395 yuan. In the second quarter, operating revenue was 642 million yuan, up 0.6% year on year. Net profit attributable to the parent was 64.84 million yuan, down 1.8% year on year. Net profit attributable to the parent after deducting non-recurring items was 65.19 million yuan, down 0.7% year on year. As of the end of the second quarter, total assets were 4.723 billion yuan, down 3.2% from the end of the previous year. Net assets attributable to the parent were 3.995 billion yuan, up 0.9% from the end of the previous year. The company said revenue from the software and information technology services business grew 9.5% year on year. It continued to deepen its presence in the two major areas of digital and intelligent enterprises and smart energy, launching the Yuanguang DAP system, which is divided into three major series: DAP-S, DAP-G, and DAP-E, targeting large groups, medium-sized growth enterprises, and small and micro enterprises respectively. At the same time, it increased investment in artificial intelligence and developed the Jiutian Lingjing AI-native platform.
YGSOFT IncFirst-half net profit up 0.3% but Q2 profit down 1.8%; mixed results.
