Shares of TIME INTERCON (HKEX: 01729) opened sharply higher, gaining nearly 9%. At the time of writing, the stock is up 8.96% to HK$15.2, with a turnover of HK$6.2928 million.
The surge follows the company's positive profit alert. TIME INTERCON anticipates its net profit for the first half of the 2026 fiscal year to increase by approximately 150% to 170% year-on-year.
The company attributes this significant growth primarily to increased revenue from the data center and server segments within its wire harness assembly division, alongside improved performance from its associated companies.
Market Analysis and Growth Drivers
Analysis indicates that TIME INTERCON entered the server manufacturing business in 2022. In its 2023 fiscal year, spanning nine months from April to December, the segment generated revenue of HK$2.23 billion. This grew to HK$3.19 billion in 2024 and surged to HK$7.40 billion in 2025, representing a year-on-year increase of 132.1%.
The server business now contributes 59.6% of the company's total revenue, making it the largest product category. Benefiting from the wave of investment in artificial intelligence, the server manufacturing market is experiencing rapid expansion. TIME INTERCON is positioned to continue capitalizing on this high-growth industry trend.
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