Mainstream Technology: Losses are narrowing year by year, promising future.

2025-12-13 11:51
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Net losses for 2022, 2023, and 2024 were RMB 278 million, RMB 213 million, and RMB 187 million, respectively. In the first half of 2025, the net loss reached RMB 96.4 million, with an adjusted net loss of RMB 50 million. Mainline Technology's profitability has improved year by year. Gross profits for 2022, 2023, and 2024 were RMB 4.2 million, RMB 16.4 million, and RMB 57.6 million, respectively, with gross profit margins of 3.7%, 12.2%, and 22.7%, representing a compound annual growth rate of 272.0%. In the first half of 2025, gross profit reached RMB 30 million, with a gross profit margin of 30.3%.