Chaozhou Three-Circle Anticipates Strong First-Half Profit Growth of 45% to 65%

Stock News07-21

Chaozhou Three-Circle (Group) Co., Ltd. has released a positive earnings forecast for the first half of 2026.

The company projects its net profit attributable to shareholders to be in the range of 1.794 billion yuan to 2.041 billion yuan.

This represents a significant year-on-year increase of between 45% and 65%.

The company attributes this strong performance to rising demand in the electronic components and optical communication sectors, which has boosted sales of its core products.

Specifically, sales of its MLCC products have seen substantial growth in both volume and revenue, driven by increased customer recognition, a favorable market environment, and a price recovery for certain specifications to more reasonable levels.

Concurrently, the accelerated pace of global data center construction has fueled ongoing demand in the optical device market.

This has led to a year-on-year increase in sales for the company's related optical communication products, such as ferrules and sleeves.

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