Sunwave Communications disclosed its 2026 interim report. In the first half, it achieved operating revenue of 12.073 billion yuan, up 173.76% year on year. Net profit attributable to shareholders of the listed company was 50.3935 million yuan, up 1825.74% year on year. Basic earnings per share were 0.0626 yuan. During the reporting period, the company's internet business revenue grew, mainly driven by fluctuations in market demand. Since the fourth quarter of 2025, business models for content such as short dramas and comic dramas have iterated rapidly, and market promotion demand has risen significantly. The company seized traffic and monetization opportunities to drive internet business revenue growth. Exchange rate fluctuations affected the valuation of the company's relevant foreign currency assets and financial instruments, leading to an increase in exchange-rate-related losses during the period and temporarily weighing down the company's profit performance.
Sunwave Communications Co LtdNet profit surged 1825.74% YoY on strong revenue growth, though FX losses weighed on performance.
