Changes in Hong Kong stocks | MeiG Intelligence (03268) rose more than 5% in the third quarter, net profit to mother increased by nearly 180% year-on-year, and overseas markets drove performance growth

The Zhitong Finance App learned that MeiG Smart (03268) rose more than 5% in the intraday period. As of press release, it had risen 3.86% to HK$16.4, with a turnover of HK$113.171 million.

According to the news, MeiG Intelligence announced the results for the first three quarters of 2026, with revenue of about 3,526 billion yuan, up 24.99% year on year; net profit to mother was about 187 million yuan, up 65.19% year on year. Among them, the third quarter achieved operating income of 1,502 billion yuan, up 60.66% year on year; net profit to mother was 810.17,600 yuan, up 179.34% year on year.

It is worth noting that, driven by demand for smart modules, end-side computing products, 5G wireless broadband products, and increased shipments from major overseas customers, the company achieved overseas revenue of 1,963 billion yuan, a sharp increase of 103.80% over the previous year. Among them, overseas revenue for the third quarter was 965 million yuan, an increase of 69.60% over the previous year. The share of overseas revenue increased to 55.66%, and the share of overseas revenue exceeded 50% for the first time since the company was founded.