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Hengtong Optic-Electric expects net profit to increase by 87%-121% in the first half of the year; AI drives a surge in optical communication demand | Earnings Report News

Hengtong Optic-Electric expects net profit to increase by 87%-121% in the first half of the year; AI drives a surge in optical communication demand | Earnings Report News

``` Fiber optic cable leader Hengtong Optic-Electric released its performance forecast, stating that the wave of artificial intelligence is driving both volume and price increases in the optical communication market, with the company’s profit scale hitting a record high. On July 14, Hengtong Optic-Electric announced that it expects the net
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AI computing power demand surges; Shanghai Electric shares forecast up to 78% net profit growth in the first half of the year, Thailand factory turns profitable in Q2 | Earnings report news

AI computing power demand surges; Shanghai Electric shares forecast up to 78% net profit growth in the first half of the year, Thailand factory turns profitable in Q2 | Earnings report news

``` Benefiting from the continued advancement of AI computing infrastructure construction, strong demand for high-end PCBs, and ongoing optimization of product structure, Shudian Co., Ltd. achieved substantial year-on-year growth in both net profit and net profit excluding non-recurring items in the first half of the year. On July 13, Shudian Co.