TIME INTERCON (SEHK: 1729) shares experienced a notable rise of over 7% during early morning trading.
At the time of writing, the stock was up 4.19% to HK$15.68, with a trading turnover of HK$275 million.
The movement follows the company's announcement forecasting a significant increase in net profit for the first half of 2026.
The firm anticipates its profit will be 150% to 170% higher compared to the same period in 2025.
Analysts have noted that this projected profit growth substantially exceeds the market's most optimistic expectations.
The strong performance is primarily attributed to contributions from the MPO, server, and Leoni cable business segments.
It has been highlighted that the company is a key component within the Luxshare ecosystem.
Its data communications business holds a strong position in high-growth areas such as MPO optical communication and AI servers, which is expected to support sustained high-quality growth.
The automotive segment is benefiting from the successful acquisition of Leoni's automotive cables business, positioning it to rapidly ascend as a leading global automotive cable supplier.
Furthermore, the medical equipment business represents a long-term growth avenue, with active investments in cutting-edge sectors.
Leveraging synergies within the Luxshare ecosystem, the company is poised for collaborative growth across its three core drivers: data communications, automotive, and medical, which are expected to fuel its long-term development.
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