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Changes in Hong Kong stocks | Dongshan Precision (02384) rose more than 7%, net profit due to mother increased by 401% year-on-year in the third quarter, and achieved significant growth in optical module business revenue
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The Zhitong Finance App learned that Dongshan Precision (02384)'s stock price was higher. As of press release, it had risen 7.56% to HK$83.90, with a turnover of HK$92.269 million.

According to the news, on the evening of October 30, Higashiyama Precision released its 2026 three-quarter report. Total operating revenue during the reporting period was 45.379 billion yuan, up 67.63% year on year, and net profit to mother was 5.289 billion yuan, up 332.34% year on year. Among them, total revenue for the third quarter was 17.582 billion yuan, up 73.81% year on year, and net profit to mother was 2,332 billion yuan, up 401.18% year on year, and 26% month on month. The company said that the change in performance was mainly due to the addition of the optical module business after the merger and acquisition of Solus Optoelectronics, which achieved significant revenue growth and a steady increase in collaboration with traditional sector businesses.

It is worth mentioning that the company recently stated that the current demand for downstream orders is full, production capacity utilization rates remain high, shipments of high-end AI optical modules are increasing rapidly from quarter to quarter, and 1.6T products have entered the batch shipment stage in the fourth quarter; adding to the company's self-developed and self-production capacity in the field of high-speed EML optical chips, the two-wheel drive effect of optical modules and optical chips is further evident.

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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