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SHA:600487

5 stories mentioning SHA:600487Updated 27d ago

Every FINWIRES story that references SHA:600487, newest first.

Asia

Hengtong Optic-Electric Forecasts Up to 121% Profit Growth in H1

Hengtong Optic-Electric (SHA:600487) expects attributable net profit in the first half to jump by about 86.9% to 121% year over year to between 3.02 billion yuan and 3.57 billion yuan, according to a Shanghai bourse filing Tuesday.Net profit a year earlier was 1.61 billion yuan.The fiber-optic cable manufacturer attributed the growth to the rapid development of artificial intelligence and continued investments in data centers.

SHA:600487
Asia

Hengtong Optic-Electric Appoints CFO

Hengtong Optic-Electric (SHA:600487) appointed Wang Jinmeng as chief financial officer to succeed Wu Yan.Wu remains with the company as finance chief of the international industrial division, according to a Thursday filing with the Shanghai bourse.Wang has served as deputy CFO since September 2025.Shares of the fiber-optic cable manufacturer rose 2% in recent trading.

SHA:600487
Asia

Hengtong Optic-Electric Plans to Spin Off Subsidiary for Shanghai Listing

Hengtong Optic-Electric (SHA:600487) plans to spin off its subsidiary, Jiangsu Hengtong Huahai Technology, to be listed on the Shanghai Stock Exchange's STAR Market, according to a Shanghai bourse filing on Tuesday.The Chinese fiber optic cable manufacturer's shares jumped 8% at the close.

SHA:600487
Asia

Hengtong Optic-Electic's 2025 Profit Slips 3%, Revenue Up 11%

Hengtong Optic-Electric's (SHA:600487) net profit attributable to shareholders in 2025 fell 3.2% year on year to 2.68 billion yuan from 2.77 billion yuan, according to a Shanghai bourse filing over the weekend.Earnings per share edged down to 1.10 yuan from 1.14 yuan.Revenue, however, climbed 11.5% year on year to 66.9 billion yuan from 60 billion yuan, the Chinese fiber optic cable manufacturer said.

SHA:600487
Asia

Hengtong Optic-Electric's Q1 Profit Nearly Doubles as Revenue Climbs 34%

Hengtong Optic-Electric's (SHA:600487) net profit attributable to shareholders in the first quarter surged 98.5% year on year to 1.11 billion yuan from 556.8 million yuan, according to a Shanghai bourse filing over the weekend.Earnings per share increased to 0.4563 yuan from 0.2298 yuan.Revenue climbed 34% year on year to 17.8 billion yuan from 13.3 billion yuan, the Chinese fiber optic cable manufacturer said, attributing the growth to increased demand and prices in the optical communication market.Hengtong also cited increased deliveries of marine communication and energy products and growing demand in overseas markets among the factors for the improved performance.

SHA:600487

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