Business
Baiya International Group Inc. Announces First Half of Fiscal Year 2025 Financial Results
Baiya International Group Inc. ("BIYA" or the "Company") (Nasdaq: BIYA), a human resource ("HR") technology company utilizing its cloud-based internet platform to provide one-stop crowdsourcing recruitment and SaaS-enabled HR solutions, today announced its unaudited financial results for the first half of fiscal year 2025 ended June 30, 2025.
About this update from Baiya International Group Inc.
[{"type":"text","content":"SHENZHEN, China, Sept. 30, 2025 /PRNewswire/ -- Baiya International Group Inc. ("BIYA" or the "Company") (Nasdaq: BIYA), a human resource ("HR") technology company utilizing its cloud-based internet platform to provide one-stop crowdsourcing recruitment and SaaS-enabled HR solutions, today announced its unaudited financial results for the first half of fiscal year 2025 ended June 30, 2025.","length":422,"tagName":"p"},{"type":"text","content":"Ms. Siyu Yang, Chief Executive Officer of BIYA, commented, "We are pleased to report a 6.9% increase in net revenues for the first half of fiscal year 2025, reaching $7.3 million. Gross profit grew by 49.2% to $0.7 million, and gross margin expanded to 10.0% from 7.2% in the same period last year. This growth was supported by the strong rebound of entrusted recruitment services, which benefited from China's gradually recovering labor market, as well as contributions from project outsourcing services with our major customers in the logistics and express delivery sectors."","length":591,"tagName":"p"},{"type":"text","content":"Ms. Yang continued, "In line with our long-term strategy, we will continue to enhance the Gongwuyuan Platform to strengthen our SaaS-enabled HR technology solutions and better serve the flexible employment marketplace. At the same time, we are broadening our growth trajectory through strategic initiatives such as our proposed acquisition of STARFISH TECHNOLOGY-FZE and the integration of its UpTop.Meme platform, which could position BIYA to participate in the global wave of digital finance and innovation. Looking ahead, we will remain focused on deepening client relationships, advancing platform development, and exploring new growth opportunities, with the goal of delivering value to our shareholders."","length":720,"tagName":"p"},{"type":"text","content":"First Half of Fiscal Year 2025 Financial Summary","length":48,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Net revenues were $7.3 million for the first half of fiscal year 2025, an increase of 6.9% from $6.8 million for the same period last year.","length":139,"tagName":"p"}]},{"val":[{"type":"text","content":"Gross profit was $0.7 million for the first half of fiscal year 2025, an increase of 49.2% from $0.5 million for the same period ...