FINWIRES · TerminalLIVE
FINWIRES

Hon Hai Precision's Revenue Jumps 52% in June

By

Electronics contract manufacturer Hon Hai Precision Industry (TPE:2317) logged an unaudited consolidated revenue of NT$821.8 billion for June, up 52% year over year and the highest-ever revenue for the month.

Growth was driven by AI product strength in cloud and networking, plus robust component shipments and new product demand, the company said in a press release on Sunday.

For the second quarter, revenue jumped 40% year over year to NT$2.51 trillion, while first-half revenue rose 35% to NT$4.64 trillion, also marking the highest levels in both periods.

Looking ahead to the third quarter, the company expects continued growth in AI rack shipments and seasonal ICT demand, though it remains cautious about global political and economic volatility.

Related Articles

Asia

Greater Bay Area AI Computing Tech Forecasts 240 Million Yuan in H1 Profit

Greater Bay Area AI Computing Tech (HKG:1396) expects a net profit of at least 240 million yuan in the first half of 2026, driven by strong growth in its AI business.The company bagged over 15 billion yuan in new indicative orders for AI computing cloud services in the first half of 2026, according to a Friday Hong Kong bourse filing.As of June 30, the company fulfilled 2 billion yuan of new AI computing cloud service orders.

HKG:1396
Asia

AEON Stores Unit Leases Shop Units in China

AEON Stores (Hong Kong) (HKG:0984) unit AEON (Guangdong) agreed to lease various shops in Yifa Commercial Centre in Guangdong Province, China, according to a Friday Hong Kong bourse filing.The company will lease the premises for 10 years starting Oct. 31 under an agreement with landlord Guangzhou City Yisheng Commercial Investment and property owner Guangzhou City Yingtai Properties.AEON (Guangdong) will use the premises to operate its retail business, the department store operator said.

HKG:0984
Asia

Guotai Haitong Securities Forecasts Up to 304% Surge in Q2 Profit

Guotai Haitong Securities (HKG:2611, SHA:601211) expects attributable profit of between 13.6 billion yuan and 14.1 billion yuan in the second quarter of 2026, up 290% to 304% from 3.5 billion yuan a year prior.For the first half of 2026, it is expected that attributable profit increased by 27% to 30% to between 20 billion yuan and 20.5 billion yuan from 15.7 billion yuan a year prior.The securities and brokerage company attributed the forecast mainly to a higher revenue from the wealth management, investment banking, institution and transaction, investment management, and other business segments.

HKG:2611SHA:601211