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Yangtze Optical Fibre's Profit Soars 226% in Q1

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-- Yangtze Optical Fibre and Cable's (SHA:601869, HKG:6869) recorded a 226% rise in attributable profit in the first quarter of 2026 to 495.1 million yuan from 151.7 million yuan a year prior, according to a Wednesday Hong Kong bourse filing.

Hong Kong-listed shares of the Chinese cable manufacturer were down over 12% in Thursday afternoon trading while China-listed shares were down 4%.

Earnings per share rose to 0.60 yuan from 0.20 yuan in the corresponding period of the previous fiscal year.

Operating income surged 28% to 3.7 billion yuan from 2.89 billion yuan in the year-ago period.

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