The Zhitong Finance App learned that Cambridge Technology (06166) rose more than 6% in early trading. As of press release, it had risen 4.71% to HK$115.7, with a turnover of HK$486 million.
According to the news, Cambridge Technology is making a profit. The net profit for the first half of 2026 is expected to be 310 million yuan to 359 million yuan, an increase of 156.65%-197.18% over the previous year; after deducting non-net profit, it is estimated to be 302 million yuan to 351 million yuan, an increase of 153.72%-194.97% year on year. The company said that the increase in performance mainly benefited from the rapid development of the high-speed optical module business. The acceleration of AI data center construction is driving up demand for high-speed optical modules. The company's order size and product shipment amount increased dramatically year on year, while the share of high-speed products such as 800G increased, driving product structure optimization and gross margin improvement.
It is worth noting that Cambridge Technology previously obtained capital through Hong Kong IPOs and placement financing, and some of the financing proceeds were retained in the form of Hong Kong dollars. Since this year, the weakening of the US dollar has led to fluctuations in the Hong Kong dollar exchange rate, causing the company's exchange earnings to turn into losses. According to the data, the company is expected to incur exchange losses of about 202 million yuan in the first half of the year, compared to 13.65 million yuan in exchange earnings for the same period last year. It had a negative impact on the current period's performance growth, but it did not change the overall trend of pre-increase in performance.