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Changes in Hong Kong stocks | Guanghe Technology (01989) fell more than 4% in early trading, and net profit in the first three quarters is expected to double year-on-year, falling by up to 12% month-on-month in the third quarter
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The Zhitong Finance App learned that Guanghe Technology (01989) fell more than 4% in early trading. As of press release, it decreased by 4.26% to HK$99.0, with a turnover of HK$389.46,500.

According to the news, Guanghe Technology announced that net profit attributable to shareholders of listed companies is expected to be 1.45 billion yuan to 1.5 billion yuan in the first three quarters of 2026, an increase of 100.33% to 107.23% over the previous year. According to the data, Guanghe Technology's Q2 net profit is 563 million yuan. According to calculations, Q3 net profit is expected to be 494 million yuan to 544 million yuan, a decrease of 3% to 12% from the previous month.

According to the announcement, the change in performance is mainly due to the company seizing market opportunities brought about by the surge in demand for computing power hardware and firmly focusing on the computing power PCB market such as general servers, AI servers, exchange products, and acceleration cards, and the business performance has steadily improved; the overseas factory Thailand Guanghe completed core customer certification, gradually released production capacity, and achieved profits during the reporting period; the subsidiary Huangshi Guanghe continued to promote cost control and product structure optimization, and profitability increased year-on-year.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
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