CIG ShangHai Expects H1 Profit to Rise up to 197%

MT Newswires Live07-14

CIG ShangHai Co (SHA:603083, HKG:6166) expects attributable net profit for the first half of 2026 to increase by 157% to 197% year over year to 310.3 million yuan to 359.3 million yuan, according to a Tuesday Hong Kong bourse filing.

The optical communications equipment maker attributed the expected increase to strong growth in its high-speed optical module business.

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