Yuanjie Semiconductor Technology (688498.SH) Issues Profit Warning, Expects Q3 Net Profit Attributable to Parent of RMB 403 Million to RMB 453 Million, Up 578.85% to 659.70% Year-on-Year

Stock News10-12

Yuanjie Semiconductor Technology Co.,Ltd. (688498.SH) has released an announcement stating that the company expects to achieve a net profit attributable to owners of the parent company of RMB 403 million to RMB 453 million for the third quarter of 2026, representing a year-on-year increase of 578.85% to 659.70%.

The company's substantial revenue growth is primarily driven by increased revenue from its data center business. Shipments of CW products have continued to grow, with demand remaining robust. The company's products are mainly data center products, and the gross profit margin has remained at a high level; in addition, as the business scale has grown, the proportion of period expenses to revenue has decreased significantly year-on-year, and the net profit margin on sales has increased substantially year-on-year.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment