Tianjin Printronics first-half net profit attributable to parent 44.36 million yuan, up 560.1% year on year

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Tianjin Printronics released its 2026 half-year report. First-half net profit attributable to the parent was 44.36 million yuan, up 560.1% year on year. Operating revenue was 944 million yuan, up 43.5% year on year. Net profit attributable to the parent after deducting non-recurring items was 41.4 million yuan, up 483.4% year on year. Net operating cash flow was 47.96 million yuan, up 54.9% year on year. Earnings per share were 0.18 yuan. In the second quarter, operating revenue was 520 million yuan, up 44.4% year on year, and net profit attributable to the parent was 32.77 million yuan, up 427.4% year on year. As of the end of the second quarter, total assets were 2.608 billion yuan, up 14.9% from the end of the previous year, and net assets attributable to the parent were 567 million yuan, up 13.4% from the end of the previous year. The company said demand in the AI power supply sector remains strong, with order volumes from major customer Schneider Electric increasing, and it has newly expanded to high-quality customers such as ABB. In the aerospace sector, it is actively expanding high-margin business, and as domestic large aircraft production ramps up, profitability is expected to improve further. Production capacity at the South China base is being released steadily, and capacity utilization at the Zhuhai base is expected to rise. The company is using economies of scale and refined management to offset pressure from rising raw material prices. Management expects that in the second half of the year, AI computing infrastructure construction will continue to drive high growth in the PCB industry, and remains optimistic about the operating outlook.

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