Awinic Electronics released its 2026 interim report, showing first-half net profit attributable to the parent of 94.87 million yuan, down 39.4% year on year. Operating revenue was 1.35 billion yuan, down 1.4% year on year. Net profit attributable to the parent after deducting non-recurring items was 10.56 million yuan, down 91.4% year on year. Net operating cash flow was 2.08 million yuan, down 97.4% year on year. In the second quarter, operating revenue was 704 million yuan, down 3.5% year on year, net profit attributable to the parent was 43.82 million yuan, down 52.6% year on year, and net profit after deducting non-recurring items was a loss of 7.04 million yuan. The company said tight global memory chip supply affected shipment schedules for smartphone and other terminal manufacturers, intensifying competition in consumer and AIoT segments. The company carried out phased product structure optimization to consolidate market share, which had a certain impact on current-period revenue growth. At the same time, research and development spending increased to 282 million yuan, accounting for 20.87% of operating revenue.
Shanghai Awinic Technology Co LtdFirst-half net profit fell 39.4% and operating cash flow dropped 97.4%.
