NANFANG COMM Reports 45.6% Net Profit Growth in Interim Results

Stock News08-27

NANFANG COMM (01617) has announced its interim results for 2026, reporting a revenue of RMB 226 million, representing a year-on-year increase of 21.9%. The company's net profit reached RMB 38.066 million, marking a substantial growth of 45.6% compared to the same period last year, with earnings per share of RMB 0.023.

During the reporting period, the group's gross margin stood at approximately 24.0%, a notable improvement from the 18.5% recorded in the first half of 2025. This enhancement in profitability was primarily driven by strategic adjustments to the company's product mix, implemented in response to the expanding computing infrastructure landscape and the steady upward trajectory of the optical fiber and cable industry. These structural changes contributed to the uplift in both gross profit and gross margin during the period under review.

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