Queclink Wireless Solutions released its 2026 interim report. In the first half, revenue reached 604 million yuan, up 67.7% year on year. Net profit attributable to the parent was 88.23 million yuan, up 184.4% year on year. Net profit attributable to the parent after deducting non-recurring items was 79.17 million yuan, up 216.3% year on year. Net operating cash flow was negative 41.95 million yuan, down 160.1% year on year. Earnings per share were 0.19 yuan. In the second quarter, revenue was 291 million yuan, up 43.3% year on year, and net profit attributable to the parent was 36.3 million yuan, up 71.0% year on year. As of the end of the second quarter, total assets stood at 2.199 billion yuan, up 1.2% from the end of the previous year, and net assets attributable to the parent were 1.891 billion yuan, up 3.0% from the end of the previous year. The company focuses on the AIoT sector, advancing product development and sales in smart mobility, connected vehicles and smart cities. Core products include in-vehicle intelligent information terminals, video telematics products and intelligent terminals for two-wheeled vehicles. Revenue from overseas markets grew significantly, especially in North America, Europe and Asia.
Queclink Wireless Solutions Co LtdFirst-half net profit attributable to parent surged 184.4% to 88.23 million yuan on 67.7% revenue growth.
