Novosense Microelectronics Expects Return to Profit in H1

MT Newswires Live

08/14

Suzhou Novosense Microelectronics (HKG:2676, SHA:688052) expects attributable profit of about 67 million yuan for the first half of 2026, compared with a loss of 78 million yuan a year earlier, according to a Thursday Hong Kong bourse filing.

The semiconductor company expects operating revenue to rise 67% year-over-year to about 2.54 billion yuan, driven by stronger demand in automotive electronics, server power supplies, photovoltaics, energy storage, and industrial automation.

The company expects to publish its interim results by late August.

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