NANFANG COMM (01617) issues a profit warning, expecting the interim net profit and comprehensive income to increase year-on-year to approximately 36 million to 39 million yuan.

NANFANG COMM (01617) announced that the group expects to achieve an unaudited net profit and comprehensive income of approximately RMB 36 million to 39 million for the six months ending June 30, 2026, significantly increasing compared to the unaudited net profit and comprehensive income of approximately RMB 26.1 million for the six months ending June 30, 2025. The Board of Directors believes that the improvement in the interim results for the six months ending June 30, 2026, is primarily due to the continuous expansion of computing power infrastructure, the steady upturn of the optical fiber and cable industry, further optimization of the market supply and demand structure, and the company's adjustment of product structure in response to the market, which has resulted in a significant enhancement of overall operating performance compared to the same period last year.