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Pintec Technology Holdings Limited: Financial Overview for First Half of 2025

Pintec Technology Holdings Limited (Nasdaq: PT) recently shared its unaudited financial results for the first half of 2025, presenting significant data on its operations and financial health. Known for delivering technology-enabled financial services, Pintec primarily supports micro, small, and medium enterprises across China. Below are the key financial highlights.

Key Financial Highlights

• - Revenue Growth: Total revenues saw an increase of 2.71%, reaching RMB15.33 million (approximately USD2.14 million) in H1 2025, compared to RMB14.92 million in the prior year. This growth is attributed to gains in technical and installment service fees.
• - Gross Profit Increase: Pintec achieved a gross profit of RMB9.34 million (USD1.30 million), up 4.88% from RMB8.90 million in H1 2024, with a gross margin of 60.92%.
• - Operational Loss: Losses from operations shrank by 5.17% to RMB7.21 million (USD1.01 million), demonstrating improved operational efficiency despite ongoing market challenges.
• - Net Loss Reduction: The company recorded a net loss of RMB4.73 million (USD0.66 million), significantly down from RMB8.34 million in H1 2024, suggesting stronger financial management.

Operating Performance

Despite a challenging economic landscape, Pintec demonstrated resilience in its operations:

• - Loan Facilitation: The total loans facilitated decreased by 13.00%, totaling RMB40.17 million (USD5.61 million), and the outstanding loan balance declined by 19.11% to RMB53.13 million (USD7.42 million).
• - Delinquency Rates: Delinquency rates showed fluctuations, with the percentage of loans delinquent for 61-90 days sitting at 1.28% by June 2025.

Strategic Comments from Leadership

Mr. Zexiong Huang, CEO of Pintec, remarked on the company's ability to navigate a complex market environment characterized by evolving regulations and a sluggish global economy. He emphasized Pintec's commitment to operational efficiency and risk management, which have underpinned its business strategy during these challenging times.

Future Outlook

Looking ahead, Pintec intends to focus on sustainable growth, aiming to expand its reach into international markets while continuing to refine its financial technology solutions. Management strategies will prioritize innovation and risk management to bolster Pintec’s competitive edge within the financial services industry. Huang expressed confidence in the potential for improved performance and outlined plans for strengthening strategic partnerships and optimizing operations to drive growth in the upcoming periods.

Financial Metrics Overview

• - Revenues: Adjusted revenue figures highlighted that service fees from technical and installment services grew, albeit offset by declines in wealth management revenue.
• - Costs and Expenses: Operational expenses rose slightly, indicating ongoing investment into organizational improvements while ensuring thorough oversight on expenditures.

Conclusion

Pintec's financial results for the first half of 2025 reflect a company steadily enhancing its operational foundations in a difficult market environment. With a clear roadmap toward future growth, there is optimism among leadership for enhanced performance in the years to come.