Kingsemi's first-half 2026 net profit falls 49.37% to 8.06 million yuan

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Kingsemi released its 2026 semi-annual report, achieving operating revenue of 897 million yuan, up 26.47% year on year. Net profit attributable to shareholders of the listed company was 8.06 million yuan, down 49.37% year on year. The decline was mainly due to higher staff costs and travel expenses from headcount growth, as well as a reduction in government grants recorded in other income. The company's second-quarter net profit was 5 million yuan, compared with 4 million yuan in the first quarter, implying a quarter-on-quarter increase of 29%.

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Net profit fell 49.37% due to higher costs and lower grants, despite revenue growth.