Lighteel Technology's first-half net profit attributable to parent falls 13% year-on-year to 110 million yuan

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Lighteel Technology released its 2026 interim report. Net profit attributable to the parent in the first half fell 13% year-on-year to 110 million yuan, while operating revenue was 307 million yuan, up 5.1% year-on-year. Net profit attributable to the parent after deducting non-recurring items was 106 million yuan, down 11.9% year-on-year, and net operating cash flow was 77.1 million yuan, down 25.9% year-on-year. In the second quarter, operating revenue was 174 million yuan, up 18.2% year-on-year, and net profit attributable to the parent was 64.05 million yuan, down 2.4% year-on-year. As of the end of the second quarter, total assets were 2.583 billion yuan, up 14.9% from the end of the previous year, and net assets attributable to the parent were 2.164 billion yuan, up 13.0% from the end of the previous year. The company said its core products RedPrime, GreenHost, and RedHost materials have successfully entered BOE's 8.6-generation AMOLED production line for mass production and supply, while progress has been made in expanding overseas markets, with multiple terminal materials undergoing testing and verification. In addition, construction of the research and development center and production base is accelerating, with full production expected in 2027, and research and development of perovskite materials is also advancing steadily.

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Information Technology▲ · 1 stocks
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BOE Tech Group
200725
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Lighteel's products entered BOE's 8.6-generation AMOLED production line for mass production and supply.