Empyrean Technology Co., Ltd. Class ASZSE: 301269

Empyrean Technology: Revenue up 9.6% but net profit down 54.8% as R&D investment hits 78.7% of sales

· Issued by Empyrean Technology Co., Ltd. Class A

H1 2024 revenue rose 9.62% to ¥443.79 million, but net profit fell 54.81% to ¥37.87 million due to higher R&D and personnel costs. The company remains the domestic EDA leader, investing 78.7% of revenue in R&D, and continues to expand its product portfolio and market presence.

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