Yunnan Germanium Industry (002428.SZ) released results for the first three quarters, with net profit of 176 million yuan to mother, an increase of 869.79% over the previous year

According to Zhitong Finance App, Yunnan Germanium (002428.SZ) released its report for the third quarter of 2026. In the first three quarters, the company achieved operating income of 1,364 billion yuan, up 70.71% year on year; net profit to mother of 176 million yuan, up 869.79% year on year; after deducting non-net profit of 163 million yuan, up 7209.21% year on year; basic earnings per share were 0.269 yuan.

From January to September 2026, revenue increased compared to the same period last year. Main systems: Due to a sharp increase in market demand for downstream AI data centers, optical communications, etc., sales of compound semiconductor materials such as indium phosphide increased year-on-year; sales of material-grade germanium products increased year-on-year due to pending contracts signed in accordance with contract agreements; in this phase, the company received more lens-related product orders compared to the same period last year by increasing market development efforts for infrared lenses, increasing sales of infrared-grade germanium products (lenses, optical systems). At the same time, due to market supply and demand relationships and market price fluctuations, the increase in the average sales price of indium phosphide products led to a year-on-year increase in the average price of compound semiconductor materials; the increase in raw material prices led to a year-on-year increase in the average price of infrared-grade germanium products (rough and coated lenses) and fiber-grade germanium products.