NOVOSENSE (02676) has unveiled its interim results for the 2026 fiscal year, reporting revenue of approximately RMB 2.54 billion, a substantial year-on-year increase of 66.73%. The company achieved a net profit attributable to shareholders of RMB 67.59 million, marking a significant turnaround from a loss in the corresponding period last year, with basic earnings per share standing at RMB 0.42.

The company attributed the robust revenue growth to several key factors. On the demand side, a combination of recovering domestic market conditions, accelerated expansion in the solar/storage and automotive sectors overseas, and surging demand from AI computing infrastructure projects has fueled rapid growth across downstream segments including automotive electronics, server power supplies, photovoltaic and energy storage, and industrial automation. Consequently, shipment volumes of the company's related products have climbed sharply.

From a product perspective, NOVOSENSE has persistently centered its R&D efforts on downstream application scenarios, continuously enriching its semiconductor product and solution portfolio. The number of available product models has expanded steadily, supporting a progressive increase in sales scale. Meanwhile, on the market front, the company's strategic push into overseas business has advanced consistently, with revenue contributions from international clients showing a steady upward trend.

Net profit turned positive in the second quarter of 2026, driven by synchronized improvements on both the revenue and cost fronts. On the revenue side, growing customer demand, a broader product mix, and continued overseas expansion have collectively propelled a significant surge in shipment volumes and overall revenue. On the cost side, the company has deepened its commitment to lean management and organizational efficiency, leading to a reduction in the overall expense-to-revenue ratio and thereby boosting profitability.