Chipsea Technologies released its 2026 interim report. First-half operating revenue was 435 million yuan, up 16.4 percent year on year. Net loss attributable to the parent narrowed to 38.36 million yuan from 38.83 million yuan in the same period last year. The company returned to profit in the second quarter, posting net profit attributable to the parent of 620,000 yuan, compared with a loss of 14.79 million yuan a year earlier. As of the end of the second quarter, total assets stood at 1.583 billion yuan, up 5.1 percent from the end of last year, while net assets attributable to the parent were 719 million yuan, down 3.3 percent. The company said the increase in net operating cash outflow was mainly due to sales growth and higher inventory purchases, while it continued to step up research and development spending, which accounted for about 27.67 percent of operating revenue, and achieved market breakthroughs in analog signal chain and MCU products.
Chipsea Technologies Shenzhen Corp LtdFirst-half net loss narrowed and Q2 returned to profit, with revenue up 16.4%.
