GIAN Technology's first-half net profit attributable to parent falls 82.7% year on year

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GIAN Technology released its 2026 interim report. Net profit attributable to the parent in the first half was 13.97 million yuan, down 82.7% year on year. Operating revenue was 1.61 billion yuan, up 13.5% year on year. Net profit attributable to the parent after deducting non-recurring items was 2.43 million yuan, down 96.7% year on year. Net operating cash flow was negative 368 million yuan, down 69.8% year on year. In the second quarter, operating revenue was 1.03 billion yuan, up 9.4% year on year, and net profit attributable to the parent was 63.69 million yuan, down 35.2% year on year. As of the end of the second quarter, total assets were 4.275 billion yuan, up 7.0% from the end of the previous year, and net assets attributable to the parent were 2.222 billion yuan, up 0.9% from the end of the previous year. The company is actively expanding in four core areas: personal smart terminals, embodied intelligent devices, automotive, and AI hardware for data centers. Among these, the scale of its AI glasses hardware and high-speed connector interface business for data centers continues to grow.

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