Gaowei Electronics (01415) expects profit of about 85 million to 94 million US dollars in the first half of the year to increase by about 27%-40% year on year

According to the Zhitong Finance App, Gaowei Electronics (01415) announced that the group expects to achieve revenue of about US$1,525 billion to US$1,685 billion in the first half of 2026, compared to about US$1.36 billion for the same period in 2025. Profit for the period increased by about 27% to 40%, to about US$85 million to US$94 million, compared to about US$67 million for the same period in 2025.

According to the announcement, the significant improvement in profit was mainly due to (i) increased sales of camera modules; (ii) increased production yield; and (iii) efficient cost management. The Group's total assets as of June 30, 2026 were approximately US$1,438 billion to approximately US$1.59 billion.