Customer count fell to 39 from 84; retention dropped to 17% from 33%, attributed to higher customer concentration despite higher revenue.
Profitability weakens as competition intensifies
Gross profit slipped to RMB 29.39 million from RMB 35.74 million; gross margin narrowed to 13.7% from 22.4% amid tougher competition.
Net result swung to a RMB 111.8 million loss from RMB 238.1 million profit, reflecting RMB 134.1 million investment losses versus prior gains.
Half-year revenue rises on stronger holographic solutions demand
MicroCloud Hologram’s revenue rose 34% to RMB 213.78 million for the six months ended June 30, 2026, driven by stronger holographic solutions demand.
Holographic solutions revenue jumped 115% to RMB 140.69 million, while holographic technology service revenue fell 22% to RMB 73.08 million on weaker demand.
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