Sanan Optoelectronics posts first-half loss of 97.9 million yuan, revenue down 28% year on year

Earnings
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Sanan Optoelectronics released its 2026 interim report, showing operating revenue of 6.47 billion yuan, down 28.0% year on year, and a net loss attributable to the parent company of 97.9 million yuan, down 155.5% year on year. Second-quarter operating revenue was 3.56 billion yuan, down 23.8% year on year, while the net loss attributable to the parent company widened to 165 million yuan from 35.42 million yuan in the same period last year. The company is mainly engaged in the research, development, production and sales of compound semiconductor materials and devices, with core products including sapphire, gallium arsenide and gallium nitride. Its LED epitaxial chip business achieved operating revenue of 3.103 billion yuan, up 11.81% year on year. Management said that in response to rising raw material prices, prices of some LED chips, radio frequency chips, power electronics chips and optical technology chips have been raised.

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