BAIWANG CO released its interim results, with a profit attributable to shareholders of 3.717 million yuan, turning a profit compared to the same period last year
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BAIWANG CO released its interim results for the period ending June 30, 2025, with revenue of 348 million yuan, a year-on-year increase of 23.45%; gross profit of 162 million yuan, a year-on-year increase of 46.84%; and profit attributable to shareholders of 3.717 million yuan, turning a profit from a loss. The revenue growth of the cloud-based tax compliance solutions is mainly attributed to the competitive advantages brought by AI empowerment. The company has processed approximately 23.1 billion invoices and served over 90.7 million customers, with core business showing steady growth
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