Quectel Wireless Solutions Co LtdNet profit of 602 million yuan reported, indicating profitability.

Quectel has released its 2026 interim report, with net profit attributable to the parent company of 602 million yuan. The company's total operating revenue was 15.259 billion yuan, and net cash flow from operating activities was negative 378 million yuan. The latest asset-liability ratio was 66.35 percent, up 3.10 percentage points from the previous quarter. Gross margin was 18.71 percent, and return on equity was 8.18 percent, down 2.52 percentage points from the same period last year. Diluted earnings per share were 1.49 yuan, total asset turnover was 0.79 times, and inventory turnover was 1.86 times. The number of shareholders was 51,700, and the top ten shareholders held 154 million shares, accounting for 38.15 percent of total share capital.
Quectel Wireless Solutions Co LtdNet profit of 602 million yuan reported, indicating profitability.