Bairong Inc (6608.HK) Q1 2025 Earnings Report

Bairong Inc delivered a solid QQ1 2025 performance, underscored by resilient topline growth and meaningful profitability against a backdrop of a competitive Chinese software infrastructure market. Revenue for the quarter totaled 805.90 million CNY, up 21.98% year over year, while gross profit reached 588.33 million CNY, translating to a gross margin of 0.730. Net income stood at 95.13 million CNY with basic EPS of 0.21 CNY. The company also posted EBITDA of 66.21 million CNY and an operating income of 100.45 million CNY, yielding an operating margin of approximately 12.46% and a net margin of about 11.80%. Management benefited from disciplined cost management in a quarter characterized by elevated R&D and SG&A investments.