--- title: "NBO released its performance for the first half of the year, with a net profit attributable to the parent company of 473 million yuan, a decrease of 26.57%" type: "News" locale: "en" url: "https://longbridge.com/en/news/253111197.md" description: "NBO released its 2025 semi-annual report, with operating revenue of 4.432 billion yuan, a year-on-year increase of 8.95%. The net profit attributable to the parent company was 473 million yuan, a year-on-year decrease of 26.57%. The net profit excluding non-recurring gains and losses was 462 million yuan, a year-on-year decrease of 21.83%. This was mainly affected by changes in the product revenue structure and the sale of land use rights in the first half of 2024" datetime: "2025-08-14T22:59:02.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/253111197.md) - [en](https://longbridge.com/en/news/253111197.md) - [zh-HK](https://longbridge.com/zh-HK/news/253111197.md) --- # NBO released its performance for the first half of the year, with a net profit attributable to the parent company of 473 million yuan, a decrease of 26.57% According to the Zhitong Finance APP, NBO (603606.SH) released its semi-annual report for 2025, showing an operating income of 4.432 billion yuan, a year-on-year increase of 8.95%. The net profit attributable to shareholders of the listed company was 473 million yuan, a year-on-year decrease of 26.57%. The net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was 462 million yuan, a year-on-year decrease of 21.83%. The basic earnings per share were 0.69 yuan. During the reporting period, the company achieved a net profit attributable to shareholders of the listed company of 473 million yuan, a year-on-year decline of 26.57%, and a net profit of 462 million yuan after deducting non-recurring gains and losses, a year-on-year decline of 21.83%. This was mainly influenced by two factors: first, the change in product revenue structure. In the first half of 2025, although the revenue from power engineering and equipment cables increased by 24.85% year-on-year and its proportion of total revenue increased, its added value was relatively low; the revenue from submarine cables and high-voltage cables also increased year-on-year, but due to changes in the revenue structure of submarine cable products, the added value decreased; revenue from marine equipment and engineering operation and maintenance decreased by 44.61% year-on-year, mainly due to the decline in revenue from marine equipment, which has a higher added value. Second, in the first half of 2024, there was a sale of land use rights, which confirmed asset disposal gains of approximately 52.3327 million yuan ### Related Stocks - [603606.CN](https://longbridge.com/en/quote/603606.CN.md) ## Related News & Research - [Explained: What are bond yields and why markets watch them closely?](https://longbridge.com/en/news/287168006.md) - [PANAMA'S PRESIDENT MULINO SAYS ILYA ESPINO DE MAROTTA WAS NAMED NEW ADMINISTRATOR OF PANAMA CANAL, REPLACING RICAURTE VASQUEZ](https://longbridge.com/en/news/287259092.md) - [Exploring Three Undiscovered Gems in the Middle East Market](https://longbridge.com/en/news/286881831.md) - [Justin Wolfers Warns 'Mess' In Middle East Will Continue Through The Midterms, Wonders If Republicans In Congress Will 'Step In' To Save Their Jobs](https://longbridge.com/en/news/286721396.md) - [The Gulf needs carbon taxes, not just capture, to reach net zero](https://longbridge.com/en/news/287138239.md)