Asia
DapuStor Expects Swing to Profit in H1; Shares Rise 6%
DapuStor (SHE:301666) forecasts it will post a net attributable profit of between 1.20 billion yuan and 1.35 billion yuan in the first half of 2026, rebounding from a loss of 353.8 million yuan in the year-ago period, according to an after-hours filing on Wednesday with the Shanghai bourse.Shares rose 6% in Thursday's morning trade.The solid-state drive controller chip maker forecasts revenue to surge 475% to 542% to between 4.30 billion yuan and 4.80 billion yuan from 748.2 million yuan.DapuStor attributed the expected profit to launches of its solid-state drive products, as well as the commercialization of its 122-terabyte quad-level cell and 245-terabyte solid-state drives, among other factors.
SHE:301666
