Joulwatt released its 2026 interim report, showing first-half net profit attributable to the parent of 86.55 million yuan, up 449.1% year on year. Operating revenue was 1.452 billion yuan, up 98.5% year on year, while net profit attributable to the parent excluding non-recurring items was 77.45 million yuan, up 516.5%. In the second quarter, operating revenue was 844 million yuan, up 108.4% year on year, and net profit attributable to the parent was 49.79 million yuan, up 121.9%. During the reporting period, the company completed the acquisition of a 100% stake in Sichuan Yichong Technology and began consolidating its financial data from March. During the consolidation period, Sichuan Yichong achieved operating revenue of 403 million yuan with a gross margin of 34.40%, but its net profit was negative 6.45 million yuan.
Shanghai Bright Power SemiconductorJoulwatt's net profit surged 449.1% YoY, indicating strong earnings growth.
