FS.COM Expects H1 2026 Net Profit to Jump 60%–70% on Robust AI-Driven Demand

Bulletin Express07-21

FS.COM Limited reported a positive profit alert for the six months ended 30 June 2026, projecting a sharp improvement in top- and bottom-line performance on the back of surging demand for AI computing clusters and high-speed data-centre infrastructure.

Revenue Outlook • The Group expects unaudited revenue between RMB 1.75 billion and RMB 1.78 billion, up approximately 25.0%–27.0% from RMB 1.40 billion in the first half of 2025.

Earnings Momentum • Net profit is projected at RMB 437.40 million–RMB 464.70 million, representing growth of about 60.1%–70.1% versus RMB 273.20 million a year earlier. • Adjusted net profit (excluding share-based payments, listing expenses and interest on redemption liabilities) is estimated at RMB 456.50 million–RMB 486.00 million, a rise of roughly 54.7%–64.7% from RMB 295.00 million in H1 2025.

Key Growth Drivers 1. Strong global demand for AI computing clusters and enterprise-level high-speed data-centre solutions lifted order volume across core businesses. 2. Revenue from high-value-added, high-performance solutions for enterprise data centres and AI high-performance computing scenarios is set to grow about 45.4%, outpacing the Group’s overall sales increase and raising its share of total revenue. 3. Continued expansion in scale diluted fixed costs, improving the overall cost structure and reinforcing profitability.

Next Steps The disclosed figures are based on unaudited management accounts and may be adjusted after auditor review. FS.COM plans to release its full interim results by end-August 2026.

Shareholders and potential investors are advised to exercise caution when dealing in the Company’s shares.

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