SMART-CORE (02166) announced its interim results, with the net profit attributable to owners of the company reaching HKD 290 million, an increase of 498.4% year-on-year.

SMART-CORE (02166) announced its interim results for 2026, with total revenue of approximately HK$6.818 billion, an increase of 143.8% compared to the same period in 2025. Gross profit was approximately HK$409 million, reflecting an increase of 152.0% year-on-year. The attributable net profit for the companys owners was HK$290 million, a significant increase of 498.4% compared to the same period in 2025. The basic earnings per share were HK$0.6335, with an interim dividend of HK$0.05 per share. The announcement stated that the revenue growth was mainly due to increased sales of storage and edge AI SoCs. In the first half of 2026, the storage business unit maintained close business cooperation with several globally renowned storage chip manufacturers, successfully seizing the opportunities presented by the storage chip supercycle, resulting in a leap in performance. The cumulative sales revenue for the first half of 2026 reached HK$3.6613 billion, representing a substantial year-on-year growth of 561.4%, propelling the overall revenue scale of the group to a new level. Benefiting from the rapid expansion of the AI SoC market and the companys continuous efforts in emerging sectors, the intelligent terminal business unit achieved cumulative sales revenue of HK$2.5587 billion, marking a significant year-on-year increase of 35.0%, demonstrating strong market competitiveness and business resilience. In the first half of 2026, the group continued to deepen its business layout around the main line of AI technology, with four major business unitsstorage chips, intelligent terminals, computing infrastructure, and hybrid distributionworking synergistically. Thanks to the explosive growth of the storage chip business, the overall performance of the group witnessed a leap in improvement, with all business units achieving substantial year-on-year growth. Among them, the storage chip business unit stood out, rapidly increasing its share in the group's revenue.