Hengtong Optic-Electric Co., Ltd. announced that its net profit attributable to shareholders for the first half of 2026 is expected to reach RMB 3.016 billion to 3.568 billion, marking a year-on-year increase of 86.94% to 121.20%.
During the reporting period, the company's performance was driven by growing market demand and rising prices in the optical communications sector, fueled by the rapid advancement of artificial intelligence and sustained increases in capital expenditure on data centers.
The impact of non-recurring gains and losses on net profit is primarily attributable to government subsidies related to income and asset disposal gains received during the period.
For the second quarter alone, net profit is projected at RMB 1.91 billion to 2.463 billion, compared with RMB 1.105 billion in Q1. Based on these figures, Q2 net profit is expected to rise 72% to 122% sequentially.