Hengtong Optic-Electric said in a filing that it expects net profit attributable to shareholders of the listed company to come in at 5.97 billion to 6.37 billion yuan for the first three quarters of 2026, up 151.27%-168.1% year on year.
The company attributed the gains to the rapid growth of artificial intelligence and sustained increases in data center capex, which pushed up demand and prices in the optical communications market during the reporting period.
Hengtong Optic-Electric reported a net profit of 2.01 billion yuan for the second quarter and 2.85 billion to 3.25 billion yuan for the third. That implies third-quarter net profit growth of 41%-61% quarter on quarter.