Yangtze Optical Fibre & Cable sees mixed half-year results despite revenue jump

Yangtze Optical Fibre and Cable Joint Stock Limited Company announced its preliminary unaudited financial information for the six months ended June 30, 2025. The company reported a total operating income of RMB6,384 million, a 19.37% increase compared to the same period last year. Operating profit surged by 92.02% to RMB313 million, with profit before income tax rising 11.24% to RMB386 million.

However, net profit attributable to shareholders of the listed company decreased by 21.69% to RMB296 million. Basic earnings per share also fell by 22.00% to RMB0.39. Excluding non-recurring gains or losses, net profit attributable to shareholders increased by 15.00% to RMB138 million.

Total assets showed a slight increase of 0.34% to RMB31,834 million as of June 30, 2025, while equity attributable to shareholders of the listed company decreased by 1.07% to RMB11,505 million. Net assets per share attributable to shareholders declined by 1.04% to RMB15.18. The company attributes the industry's performance to persistent market pressure during the first half of 2025.