YOFC (06869) reported a happy net profit forecast, expecting to achieve a net profit attributable to the parent of approximately 2.4 billion to 3 billion yuan in the first half of the year, a year-on-year increase of 711% to 914%.

YOFC (06869) announced that the company is expected to achieve a net profit attributable to shareholders of the listed company of approximately RMB 2.4 billion to 3 billion in the first half of 2026. Compared with the same period last year, this represents an increase of RMB 2.104 billion to 2.704 billion, a year-on-year growth of 711% to 914%. It is expected that in the first half of 2026, the non-net profit will be approximately RMB 2 billion to 2.6 billion, an increase of 1,349% to 1,784% year-on-year. During the reporting period, benefiting from the accelerated construction of mining data centers, the demand for new optical fiber cable products at home and abroad continues to grow, and the industry supply-demand structure continues to improve. The company fully utilizes its leading position in the industry, seizes international market opportunities, vigorously expands mining data center-related businesses, expands core customers, optimizes product structure, and improves profitability, leading to a year-on-year growth in operating performance.