On August 27, YOFC rose 3.74% in regular trading, reaching 171.5 HKD per share with turnover of 370 million HKD, marking a third consecutive session of gains following its mid-term earnings release.
The rally continues to be fueled by the company's exceptional first-half results disclosed on August 21. YOFC reported H1 revenue of 9.809 billion yuan, up 53.6% year-over-year, while net profit attributable to shareholders surged 889% to 2.925 billion yuan, significantly exceeding market expectations. Fiber price increases combined with robust AI computing infrastructure demand drove optical transmission product gross margins to 63.11%, while optical interconnect component revenue grew 55% year-over-year. The company also declared an interim dividend of 1.06 yuan per share, payable on November 10.
Multiple institutions have expressed bullish views, with Everbright Securities highlighting profit enhancement from fiber price rises and Daiwa initiating coverage with a buy rating. Guotai Junan International noted that optical interconnection remains the highest-growth segment within AI infrastructure, benefiting domestic leaders amid a global buildout wave.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)