1Revenue declined 22% to $422.0 million, primarily due to decreased central processing algorithm services revenue and the disposal of the Fe-da Electronics intelligent chips business.
2Gross profit fell 29% to $108.8 million, reflecting the revenue decline and resulting in a gross margin of 25.8%.
3Operating income increased 11% to $22.4 million despite lower revenue, demonstrating improved operational efficiency with an operating margin of 5.3%.
4Net income surged 144% to $127.6 million, driven by substantial non-operating gains that significantly outpaced core operational performance.
5Diluted EPS increased 273% to $14.87, reflecting the substantial net income growth on a per-share basis.
6Operating cash flow decreased to $17.4 million, impacted by changes in working capital including decreases in advance from customers and prepaid services fees.
7The company maintains focus on central processing algorithm services while investing in technology and talent to maintain competitiveness in computer and internet industries.