USI Electronics (601231.SH)'s net profit of 822 million yuan in the first half of the year increased 28.85% year-on-year

According to the Zhitong Finance App, USX Electronics (601231.SH) disclosed its 2026 semi-annual results report. In the first half of the year, it achieved total operating revenue of 27.336 billion yuan, an increase of 0.45% over the previous year; net profit attributable to shareholders of listed companies was 822 million yuan, an increase of 28.85% over the previous year.

The main reasons for the change in revenue are: (1) the revenue of cloud and storage products increased by 48.79% year on year. On the one hand, it was also greatly affected by the sharp rise in the purchase price of AI smart cards; (2) the operating income of industrial products increased 10.96% year on year, mainly due to increased new orders in the current period; (3) the revenue of automotive electronics products decreased 35.31% year on year, mainly due to changes in the scope of consolidated reporting, reduced customer outsourcing demand and weak demand; (4) same operating income for communication products The ratio decreased by 13.78%, mainly due to the reduction in product price reduction and market competition due to the reduction in procurement costs of key materials for WiFi modules.