PUTIAN COMM (01720) issued a profit warning, expecting the interim profit attributable to shareholders to be approximately 40 million to 45 million yuan, an increase of 410% to 480% compared to the same period last year.

PUTIAN COMM (01720) announced that the Group expects to record a profit attributable to the owners of the Company of approximately RMB 40 million to RMB 45 million for the six months ending June 30, 2026 (the current period), representing an increase of 410% to 480% compared to the profit attributable to the owners of the Company of RMB 7.8 million for the six months ending June 30, 2025. The anticipated increase in profit attributable to the owners of the Company is mainly attributed to the rise in sales revenue of optical fibers and cables. Benefiting from the accelerated deployment of artificial intelligence computing power infrastructure globally, the demand for optical fibers and cables in both domestic and international markets has surged, driving significant growth in the Company's performance.