Beijing Haohan Data Technology (688292.SH) reported a net profit of 35.99 million yuan in 2024, a decrease of 42.79% year-on-year.

Beijing Haohan Data Technology (688292.SH) disclosed the 2024 annual performance quick report, with the company achieving operating income of 437 million yuan, a decrease of 16.05% year-on-year; achieving a net profit attributable to shareholders of the listed company of 35.99 million yuan, a decrease of 42.79% year-on-year; and basic earnings per share of 0.23 yuan. The decrease in the company's operating income during the reporting period was due to the delayed signing of China Mobile Limited's centralized procurement orders, resulting in corresponding delayed revenue recognition; some framework contracts were executed later in the reporting period, leading to a slowdown in raw material consumption; the company's inventory aging increased due to the early stocking, resulting in higher inventory impairment provision in the current reporting period compared to the same period last year; the decrease in signed orders led to a reduction in value-added tax refund income compared to the same period last year; and the subsidy and relocation subsidy obtained in the previous year were about 9.61 million yuan, with no impact in the current reporting period.