SHANGHAI FUDAN Anticipates Significant Surge in First-Half Net Profit

Stock News07-07

SHANGHAI FUDAN (HKG: 01385) has issued a positive profit alert for the six months ended June 30, 2026.

The company forecasts its operating revenue to be between approximately RMB 2.2 billion and RMB 2.4 billion, representing a year-on-year increase of about 19.64% to 30.52%.

It expects the net profit attributable to owners of the parent company to be in the range of approximately RMB 800 million to RMB 1.0 billion, marking a substantial surge of about 313.19% to 416.49% compared to the same period last year.

The forecast for net profit attributable to owners of the parent company after deducting non-recurring gains and losses is approximately RMB 350 million to RMB 450 million, an increase of about 91.98% to 146.83%.

Key Factors for Growth

The group attributes the anticipated growth in both revenue and net profit primarily to three key factors.

Firstly, the recovery in industry sentiment and increased demand from downstream customers have positively impacted the company, leading to growth in both revenue and gross profit across its integrated circuit design product lines.

Secondly, the company's continuous efforts in technological innovation and product iteration have contributed to growth. The launch and increasing contributions from its FPGA series products, NFC radio frequency products, RFID products, automotive-grade MCU products, and various solutions have driven revenue growth, optimized the product mix, and enhanced operational efficiency.

Thirdly, the company recognized fair value gains on its strategic placement shares in Shenghe Jingwei Semiconductor Co., Ltd., which boosted its net profit by approximately RMB 470 million.

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