T&S Communications Co., Ltd. Reports 1.71% Net Profit Growth in First Half Despite Revenue Surge

Stock News08-14

T&S Communications Co., Ltd. (300570.SZ) released its semi-annual report for the first half of 2026, revealing a revenue of 1.001 billion yuan, a 20.81% increase compared to the same period last year.

The company's net profit attributable to shareholders of the parent company reached 176 million yuan, up 1.71% year-on-year. However, the net profit attributable to shareholders of the parent company, excluding non-recurring gains and losses, was 164 million yuan, a decrease of 2.55% from the previous year. Basic earnings per share stood at 0.7763 yuan.

The slower growth in net profit relative to revenue is primarily attributed to exchange losses caused by the depreciation of the Chinese yuan against the US dollar during the first half of the year, which reversed the exchange gains recorded in the same period last year. The company plans to strengthen foreign exchange management, optimize trade settlement methods, and mitigate the impact of exchange rate risks through supply chain optimization and expanding domestic sales.

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