Cambricon Technologies Reports First Three Quarters Results: Net Profit Attributable to Parent Reaches 3.715 Billion Yuan, Up 131.49% Year-on-Year

Stock News10-23

Cambricon Technologies Corporation Limited (688256.SH) has released its third quarter report for 2026. In the first three quarters, the company achieved operating revenue of 9.526 billion yuan, representing a year-on-year increase of 106.76%. Net profit attributable to shareholders of the parent company reached 3.715 billion yuan, up 131.49% year-on-year. Net profit after deducting non-recurring gains and losses stood at 3.523 billion yuan, an increase of 148.30% year-on-year. Basic earnings per share came in at 5.91 yuan.

The growth in revenue was primarily driven by the company's continued market expansion and its active efforts to facilitate the implementation of artificial intelligence applications.

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