China's Shanghai Conant Optical H1 revenue rises, helped by XR business growth

Shanghai Conant Optical

17/08/2026 11:48

Overview
China spectacle lens maker's H1 revenue rose 7.6% yr/yr
Adjusted EPS for H1 rose 24.1% yr/yr
Profit growth driven by own-brand sales, customized lens and smart glasses, and efficiency gains

Outlook
Shanghai Conant expects significant full-year 2026 growth in XR sales volume and revenue, positioning XR as a medium- to long-term growth driver
The Company aims to commission four Shanghai integration and packaging lines and expand XR lens capacity at Qidong and Blue Optics in H2

Result Drivers
XR BUSINESS SURGE - Revenue from XR business rose sharply, contributing to overall growth
CUSTOMIZED LENSES AND SMART GLASSES - Rapid growth in customized lens and smart glasses revenue supported profit gains
EFFICIENCY IMPROVEMENTS - Upgrades to automated production lines improved production and labor efficiency, reducing costs

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Net Income Attributable
 
RMB 301.20 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the medical equipment, supplies & distribution peer group is "buy"
Wall Street's median 12-month price target for Shanghai Conant Optical Co Ltd is HK$66.00, about 61.2% above its August 17 closing price of HK$40.94
The stock recently traded at 21 times the next 12-month earnings vs. a P/E of 27 three months ago

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Press Release s3://eap-prd-eu-west-1-source-content/eap_feed_proxy/fingerpost/HKSW/2026-08-17/61732e42-f4d0-4bc1-8989-f5ed636667d3.file
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)