On September 21, YOFC rose 4.64% in regular trading, trading at 192.3 HKD/share, with turnover of 3.94 billion HKD. The move was primarily driven by heightened market attention ahead of the company's scheduled half-year earnings briefing on September 24, combined with sustained tightness in the global fiber optic supply-demand landscape.
On the industry front, Corning's ten-year supply agreement with Verizon, alongside China Mobile's latest procurement unit price surging nearly 90% versus the prior round, further validated the ongoing supply-demand reversal in the fiber optic sector. Leading companies with core material self-sufficiency capabilities are well-positioned to capture significant profit upside. YOFC reported Q2 revenue of 6.114 billion yuan, up 65.4% quarter-over-quarter, while net profit attributable to shareholders reached 2.43 billion yuan, surging 390.7% sequentially. For H1, the company posted revenue of approximately 9.809 billion yuan, up 53.6% year-over-year, and net profit of approximately 2.925 billion yuan, representing an 889.0% year-over-year increase. Additionally, the company recently unveiled a breakthrough in anti-resonant hollow-core fiber, achieving attenuation of 0.032 dB/km, setting a new global record for lowest transmission loss.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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