Siwei Technology (01202) announced interim results, with net profit of 409.725 million yuan, an increase of 9634% year-on-year

According to the Zhitong Finance App, Siwei Technology (01202) announced interim results for the six months ended June 30, 2026. The group achieved total operating revenue of 319 million yuan, an increase of 123.69% over the previous year; net profit attributable to the owners of the parent company was 409.725 million yuan, an increase of 9634% over the previous year; and earnings per share of 0.1,024 yuan.

According to the announcement, the main reason for the total increase in revenue from the main business is the explosive increase in demand for applications such as AI data centers this year, and the rapid rise in optical fiber market prices in the short term, which also led to the company's revenue growth.