Costar Group released its 2026 interim report on August 26. Leveraging its two main businesses of optoelectronic defense and optical components, the company achieved operating revenue of 725 million yuan, up 6.71% year on year, while net profit attributable to the parent company was negative 72 million yuan, narrowing losses by 39.95% year on year. Among these, revenue from the optical components business was 339 million yuan, accounting for 46.82% of the total and up 19.28% year on year. Revenue from the optoelectronic defense and key-site surveillance business was 198 million yuan, accounting for 27.25% and up 13.10% year on year, with gross margin rising 20.83 percentage points to 21.52%. Revenue from projector units and accessories was 118 million yuan, down 5.72% year on year, and its negative gross margin dragged down overall performance. Through refined cost control, the company reduced administrative expenses by 21.54% year on year and selling expenses by 13.12%, but financial expenses rose 39.23% due to increased net foreign exchange losses. The company is accelerating its transformation toward new-domain and new-quality equipment such as smart helmets, automotive head-up displays, and augmented reality optical waveguides. Going forward, attention should be paid to the conversion of new business orders and the recovery of accounts receivable.
Costar Group Co LtdRevenue up 6.71%, losses narrowed 39.95% in interim report
Optics Technology Holding Co Ltd