JCET Group Co.,Ltd. (600584.SH) has released its third quarter report for 2026, disclosing that in the first three quarters the company achieved operating revenue of RMB 30.952 billion, a year-on-year increase of 7.96%. Net profit attributable to shareholders of the parent company reached RMB 1.617 billion, up 69.58% year-on-year. Net profit after deducting non-recurring gains and losses was RMB 1.561 billion, an increase of 99.17% year-on-year. Basic earnings per share stood at RMB 0.90.
The reasons for the profit growth are as follows. First, driven by rapidly growing demand in artificial intelligence-related infrastructure and edge device sectors, the trend of domestic semiconductor substitution is increasingly evident, and the global semiconductor industry's prosperity continues to improve. The company has remained focused on its core production business, actively seized opportunities, strengthened market expansion, and accelerated capacity expansion. Customer orders have continued to grow, capacity utilization has remained at a high level, and both operating revenue and net profit have achieved growth. At the same time, the company has continued to optimize its product structure and business portfolio, with high value-added products increasing, further enhancing profitability.
Second, the company has continued to strengthen its operational fundamentals and reinforce cost control, continuously reducing costs through intelligent manufacturing and lean production, which has driven gross profit and net profit growth year-on-year. In the first three quarters, the company's gross profit margin increased by 2.3 percentage points year-on-year.
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