Galaxy Microelectronics (688689.SH) released results for the first three quarters, with net profit of 97.0765 million yuan to mother, an increase of 109.70% over the previous year

According to the Zhitong Finance App, Galaxy Microelectronics (688689.SH) disclosed its report for the third quarter of 2026. In the first three quarters, the company achieved operating income of 1.01 billion yuan, an increase of 35.65%; net profit to mother was 97.0765 million yuan, an increase of 109.70% year on year; after deducting non-net profit of 880.13 million yuan, an increase of 163.78% year on year; basic earnings per share were 0.74 yuan.

Benefiting from the continued recovery in the downstream market boom, the steady expansion of the company's production scale, the continuous rise in sales scale, and a sharp year-on-year increase in operating income; at the same time, cost control was strengthened, and cost reduction and efficiency were promoted, and gross profit increased accordingly. Combined with the year-on-year reduction in financial expenses after conversion and redemption of convertible corporate bonds, total profit increased significantly year-on-year, profitability increased, and net profit attributable to shareholders of listed companies increased significantly year-on-year.