Understand LAUNCH TECH (02488) mid-2025 performance with one picture

Launch Tech (02488) released its mid-term performance for 2025, with operating income of 982 million yuan (RMB, same below), an increase of 10% year-on-year; net profit of 196 million yuan, an increase of 28% year-on-year; basic earnings per share of 0.469 yuan; proposed to distribute a mid-term dividend of 0.31 yuan per share. The performance growth is mainly due to the use of smart algorithms and AI technology. Based on smart algorithms, Launch Tech has carried out digital operations, with overseas business (including overseas e-commerce) in the first half of the year reaching a historical high for the same period, achieving revenue of 746 million yuan, accounting for approximately 76% of total revenue. The amount of software purchased by customers in the first half of the year was 104 million yuan, an increase of 28% year-on-year.