Shenzhen Huaqiang expects 60%-90% net profit growth in first three quarters of 2026
AI summary
Shenzhen Huaqiang said it expects net profit attributable to shareholders of 578 million to 686 million yuan for the first three quarters of 2026, up 60%-90% year on year. The company attributed the change mainly to seizing opportunities from rapid AI development and rising memory demand, which lifted revenue in its authorized electronic components distribution business. It said shipments in memory product lines and revenue from long-tail spot procurement both grew sharply year on year.
In-depth insight
It is a distribution-level earnings signal that AI and memory demand is feeding through into the electronic components supply chain.