Shenzhen Absen Optoelectronic Co Ltd

Absen disclosed its semi-annual report for 2026. In the first half of the year, it achieved total operating revenue of 1.973 billion yuan, up 8.48% year on year. Net profit attributable to the parent company was 145 million yuan, up 24.56% year on year. Net profit after deducting non-recurring items was 80.0999 million yuan, down 25.38% year on year. Net cash flow from operating activities was negative 165 million yuan, compared with 231 million yuan in the same period last year. Basic earnings per share were 0.3919 yuan, and the weighted average return on equity was 8.45%.

Absen issued an announcement, expecting first-half 2026 net profit attributable to the parent of 136 million to 160 million yuan, a year-on-year increase of 17.11% to 37.78%. During the reporting period, the company's revenue and gross margin grew steadily, mainly supported by long-term strategic investments and leading positioning in cutting-edge technology research and development, full-chain customer service, and global channel deployment. The company continues to strengthen research and development in core technologies such as MicroLED and AI image processing, with the Micro LED business achieving steady growth and market capabilities at the industry forefront. In addition, the company has established a global marketing and service network, actively exploring emerging markets, effectively enhancing international brand competitiveness and overseas revenue resilience. In the first quarter of 2026, Absen achieved revenue of 888 million yuan and net profit attributable to the parent of 39.28 million yuan.