SHE:002241

Goertek Directors Approve 500 Million Yuan Capital Injection in Optical Instrument Maker

Goertek (SHE:002241) directors approved a 500 million yuan capital increase in Goertek Optics Technology, according to a Wednesday filing with the Shenzhen bourse.The listed company subscribe to 109.8 million yuan of Goertek Optics' newly registered capitalFollowing the capital increase, Goertek's share will rise to 39.6676% from 38.3412%.Goertek Optics Technology manufactures optical instruments and virtual reality components.Shares closed 4% lower on Wednesday.

Goertek's Attributable Profit Rises 7% in Q1

Goertek (SHE:002241) attributable profit rose 7.3% to 503 million yuan in the first quarter from 468.9 million yuan in the year-ago period, according to a Friday filing with the Shenzhen bourse.Earnings per share at the acoustic components manufacturer increased 7.7% to 0.14 yuan from 0.13 yuan in the prior-year period.Operating income grew 14% year over year to 18.7 billion yuan from 16.3 billion yuan.

Goertek's Profit Jumps 48% in 2025

Goertek's (SHE:002241) attributable profit rose 48% to 3.94 billion yuan in 2025 from 2.67 billion yuan in 2024, according to a Friday filing with the Shenzhen bourse.Earnings per share at the acoustic components manufacturer increased 45% to 1.13 yuan from 0.78 yuan in the previous year.Operating income declined 4.4% year over year to 96.6 billion yuan from 101 billion yuan.

Jefferies Adjusts Goertek's Price Target to 27 Yuan from 32 Yuan, Keeps at Hold