SIWI SCI & TECH (01202) has issued a profit warning, indicating a substantial increase in its financial performance for the first half of the fiscal year.

The company's board estimates that the consolidated net profit for the six months ending June 30, 2026, will be approximately RMB 80.72 million, with net profit attributable to owners of the company reaching around RMB 40.97 million.

This represents a dramatic improvement compared to the same period in the prior year. For the six months ending June 30, 2025, the company reported a consolidated net profit of just RMB 1.01 million and a net profit attributable to owners of the company of only RMB 0.42 million.

According to the company's announcement, the sharp increase in consolidated net profit is primarily attributed to explosive growth in demand for AI data center applications and other sectors. This surge has driven a rapid rise in the market price of optical fiber, which has significantly boosted the company's profitability.