Earnings release
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Julong Holding Limited Reports Unaudited Financial Results for the First Half of Fiscal Year 2026 BEIJING , August 18 , 2026 / GLOBE NEWSWIRE / - Julong Holding Limited ( “ Julong ” or the " Company " ) ( Nasdaq : JLHL ) , a growth - oriented provider of intelligent integrated solutions , today announced its unaudited financial results for the six months ended March 31 , 2026 . First Half of Fiscal Year 2026 Financial Highlights • Revenues increased by 21.6 % to RMB124,293 thousand ( US $ 18,019 thousand ) for the six months ended March 31 , 2026 , from RMB102,175 thousand in the same period of fiscal year 2025 . Gross profit increased by 16.4 % to RMB19,453 thousand ( US $ 2,820 thousand ) for the six months ended March 31 , 2026 , from RMB16,719 thousand in the same period of fiscal year 2025 . Gross margin was 15.7 % for the six months ended March 31 , 2026 , compared with 16.4 % in the same period of fiscal year 2025 . Net income increased by 0.8 % to RMB11,659 thousand ( US $ 1,690 thousand ) in the six months ended March 31 , 2026 , from RMB11,567 thousand in the same period of fiscal year 2025 . Mr. Jiaqi Hu , the founder , Chairman of the Board of Directors , and Chief Executive Officer of Julong , commented , " We are pleased to report solid results for the first half of fiscal year 2026 , despite a challenging external environment . Total revenue increased by 21.6 % year over year , reflecting the continued strength of our core engineering solutions business . This growth was primarily driven by an increase in the number of intelligent projects we served , with contracts under execution for our engineering solutions business rising to 322 from 226 in the same period last year . Additionally , we saw encouraging early - stage momentum in our sale of equipment and materials for intelligent systems , which complements our core business . With a rising number of contracts under execution in our domestic engineering solutions business and our continuous efforts to expand our international footprint , we are confident that we will sustain this momentum and capture new opportunities across our markets . " Ms. Airu Chen , the Chief Financial Officer of Julong , said , “ We delivered a year - over - year revenue increase of 21.6 % , reaching RMB124 million in the first half of fiscal year 2026 , with revenue from our core engineering solutions for intelligent projects business rising 22.9 % year over year . Notably , revenue from the sale of equipment and materials for intelligent systems grew substantially , climbing to RMB346 thousand from RMB10 thousand in the same period last year . Gross profit increased 16.4 % year - over - year to RMB19.5 million and we remained profitable with net income of RMB11.7 million . As we continue to support the execution of our project pipeline , we remain focused on improving operational efficiency and creating sustainable , long - term value for our business partners and shareholders . " Unaudited Financial Results for the First Half of Fiscal Year 2026 Revenues increased by 21.6 % to RMB124,293 thousand ( US $ 18,019 thousand ) in the six months ended March 31 , 2026 , from RMB102,175 thousand in the same period of fiscal year 2025 , primarily attributable to an increase in the number of intelligent projects where we provided engineering solutions . Revenues from engineering solutions for intelligent projects increased by 22.9 % to RMB120,265 thousand ( US $ 17,435 thousand ) in the six months ended March 31 , 2026 , from RMB97,861 thousand in the same period of fiscal year 2025 .