Huamai Technology issued an earnings forecast, estimating that net profit attributable to shareholders of the listed company for the first half of 2026 will be between 16 million and 21 million yuan, swinging to a profit from a loss a year earlier. The improvement was mainly driven by continuously rising market prices for optical fiber and cable in the communications industry, which boosted product gross margins, while the company strengthened lean management and advanced cost reduction and efficiency gains, leading to a year-on-year decline in the period expense ratio. In addition, the impact of non-recurring gains and losses on net profit during the reporting period was approximately 5 million yuan, primarily from government grants recognized in the current period.
Nanjing Huamai Tech Co LtdRising market prices for optical fiber and cable boosted product gross margins, leading to profit turnaround.