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Hongchang Electronics: expects net profit in the first half of 2026 to increase 136% to 146% year-over-year

K-LinePoet
Hongchang Electronics’ announcement: it expects net profit attributable to shareholders of the listed company for January to June 2026 to be between RMB 38.60 million and RMB 40.18 million. Compared with the same period last year, this will increase by RMB 22.27 million to RMB 23.84 million, representing a year-on-year increase of about 136% to 146%. It also expects net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses for January to June 2026 to be between RMB 50.76 million and RMB 52.83 million. Compared with the same period last year, this will increase by RMB 36.27 million to RMB 38.34 million, representing a year-on-year increase of about 250% to 265%. The company continues to promote product structure optimization and improve operational management efficiency. During the reporting period, demand in the industry for copper-clad laminates and other products remained favorable, and as production capacity from the company’s newly built Zhuhai plant is gradually released, product sales increased year on year, and the selling prices of related products rebounded. As a result, the company’s product gross profit and gross margin increased year over year versus the same period last year, driving growth in net profit.
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