Dongfang Cable (603606.SH) released semi-annual results, with net profit of 565 million yuan to mother, an increase of 19.41% over the previous year

According to Zhitong Finance App News, Oriental Cable (603606.SH) disclosed its 2026 semi-annual report. During the reporting period, the company achieved revenue of 5.8 billion yuan, an increase of 30.85%; net profit attributable to shareholders of listed companies was 565 million yuan, an increase of 19.41% year on year; after deducting non-net profit of 559 million yuan, an increase of 21.03% year on year; basic earnings per share were 0.69 yuan.

During the reporting period, the company achieved revenue of 5.8 billion yuan, an increase of 30.85% over the previous year. Among them, the operating income of power engineering and equipment cables was 2,915 million yuan, up 32.73% year on year, up 719 million yuan, accounting for 50.27% of the company's revenue; the operating income of submarine cables and high voltage cables was 2,365 million yuan, up 20.90% year on year, up 409 million yuan, accounting for 40.79% of the company's revenue; marine equipment and engineering operation and maintenance revenue was 506 million yuan, up 83.53% year on year, up 230 million yuan, accounting for 8.72% of the company's revenue. The main companies are customer-centered, insist on moving forward with land and sea, increasing their share in the land cable market, and steadily delivering submarine cable and marine engineering projects.

In the first half of 2026, the company delivered orders one after another. Major projects are currently being fully organized to promote production, installation and installation work in accordance with contract requirements, and delivered in an orderly manner in the second half of the year and next year according to the project schedule to ensure the efficient execution of each project.