Changes in Hong Kong stocks | Skyworth Group (00751) rose more than 6% in early trading and is expected to achieve a year-on-year increase of no less than 170% in mid-term profit after tax

The Zhitong Finance App learned that Skyworth Group (00751) rose more than 6% in early trading. As of press release, it had risen 2.71% to HK$4.555, with a turnover of HK$3.9019 million.

According to the news, on August 4, Skyworth Group announced that the Group's unaudited profit after tax for the six months ended June 30, 2026 (current period) will increase by no less than 170% compared to the unaudited profit after tax for the six months ended June 30, 2025.

According to the announcement, there are two main factors behind the expected increase in profit after tax. First, the value of some listed and unlisted equity securities held by the Group benefited from a sharp increase in market valuations in the semiconductor industry at the end of the period. As a result, non-cash and unrealized income of fair value financial assets included profit and loss at fair value increased by about RMB 530 million over the same period last year. Second, the smart terminal sales volume, revenue scale, and gross margin of the intelligent system technology business segment increased compared to the same period last year.