Lingyi iTech Posts First-Half Results With 6.45% Revenue Growth to RMB 25.15 Billion

Stock News
Aug 28

Lingyi iTech (01688) has released its interim results for the 2026 fiscal first half, reporting total revenue of approximately RMB 25.149 billion, marking a year-on-year increase of around 6.45%.

The company posted net profit attributable to shareholders of the parent company of roughly RMB 764 million, with basic earnings per share of RMB 0.11. A cash dividend of RMB 0.20 per ten shares (pre-tax) has been proposed.

Net cash inflows from operating activities reached approximately RMB 1.71 billion, reflecting a 2.20% increase compared to the same period last year.

According to the company's statement, the key drivers behind the performance were twofold. On one hand, Lingyi iTech intensified its investment in research and development for new products, leveraging technological innovation to refine its product mix, which lifted overall gross profit by 18.07% year-on-year and expanded the gross margin by 1.65 percentage points. On the other hand, net profit experienced a year-on-year decline, primarily attributable to fluctuations in foreign exchange rates and other related factors.

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