Jingwang Electronics (03228) expects net profit to be increased by 205.46% to 264.74% year-on-year in the third quarter

Zhitong Finance App News, Jingwang Electronics (03228) announced that the Group's net profit for the three months ended September 30, 2026 is expected to increase compared to the three months ended September 30, 2025. Specifically: (i) Operating income is expected to be RMB 6.12 billion to RMB 6.98 billion during the period, an increase of 53.48% to 75.05% year on year, and 29.67% to 47.90% month on month; (ii) It is expected to achieve net profit attributable to owners of the parent company during the period of RMB 912 million to RMB 1,089 billion, up year on year. 205.46% to 264.74%, a year-on-month increase of 147.20% to 195.18%;

(iii) It is estimated that net profit attributable to owners of the parent company after deducting non-recurring profit and loss will be RMB 939 million to RMB 1,116 million during the period, an increase of 294.34% to 368.68% over the previous year, and an increase of 239.90% to 303.97% over the previous year.

Benefiting from the acceleration of mass production and shipment of high-performance PCBs in the field of high-speed communication and AI data infrastructure, combined with multiple measures such as reasonable cost and price transmission, order structure optimization, and internal cost reduction and efficiency in the general product sector, the Group is expected to achieve year-on-year and relatively rapid growth in revenue and net profit during this period.

By the end of this period, the Group had plenty of orders in hand in the field of AI servers, data centers, and high-speed optical modules, and the production capacity utilization rate and yield were high, and the Group is making every effort to ensure the achievement of delivery targets. The company believes that the strategic investment of the past few years is rapidly being transformed into continuous value growth. It will continue to deepen strategic partnership relationships with many leading global customers, participate deeply in early development, joint technical research and forward-looking collaboration of future products, and lay a solid foundation for subsequent iterative product upgrades.