INGENIC Posts 489.6% Jump in Interim Profit to RMB 1.198 Billion

Stock News
Aug 28

INGENIC (03223) has released its interim results for 2026, reporting total revenue of approximately RMB 3.957 billion, a year-on-year increase of 75.9%. The company's profit attributable to owners surged to around RMB 1.198 billion, marking a substantial 489.6% rise compared to the same period last year. Basic earnings per share stood at approximately RMB 2.4808.

The company attributed the robust performance to the ongoing memory super-cycle, which has driven exceptionally strong demand for its memory chips, resulting in a significant leap in sales revenue during the period. Meanwhile, its computing chip business has been continuously optimizing its product portfolio and actively expanding its customer base.

Furthermore, management highlighted that the company effectively navigated the impact of the memory cycle on its computing chip supply chain, seizing market opportunities in a timely manner. As a result, revenue from computing chips also achieved powerful year-on-year growth during the reporting period.

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