Sugon's H1 Net Profit Up 33%, Q2 Surges 226% QoQ | Earnings Watch

Sugon's H1 revenue reached RMB 7.466 billion, up 27.62% year-on-year; net profit attributable to shareholders was RMB 971 million, up 33.31% year-on-year. Q2 net profit stood at approximately RMB 744 million, surging about 226% quarter-on-quarter from RMB 228 million in Q1. Core associate Hygon Information saw H1 net profit rise 49.67% year-on-year to RMB 1.798 billion, contributing RMB 504 million in investment income to Sugon.