Shannon Semiconductor's Q1 Profit Surges 79-Fold, Revenue Up 200%; Shares Jump 6%
Shannon Semiconductor Technology (SHE:300475) posted attributable net profit of 1.33 billion yuan in the first quarter of 2026, up 7,835% from 16.7 million yuan the previous year, according to a filing with the Shenzhen Stock Exchange on Friday.Earnings per share also skyrocketed to 2.83 yuan from 0.04 yuan.Revenue rose 201% year over year to 23.8 billion yuan.Shannon Semiconductor is a semiconductor distributor in China. Its shares surged 6% in recent trade.