China's Trigiant Group H1 profit jumps 735% on AI data-center demand

Trigiant

27/08/2026 10:24

Overview
China cable manufacturer's H1 revenue rose 41.7% yr/yr, driven by flexible and optical cable demand
Net profit for H1 surged over 700% yr/yr, with gross margin up 3.9 percentage points
Company did not declare an interim dividend for the period

Outlook
Trigiant Group expects AIDC-related product revenue contribution to increase from the 2025 base
Company anticipates broad incremental development space from increased investment in computing power infrastructure
Trigiant Group sees ample room for expansion in overseas AIDC orders as cooperation deepens

Result Drivers
AIDC DEMAND - Co said rapid expansion of artificial intelligence data centers in China drove increased demand for flexible and optical cable products
HIGHER UNIT PRICES - Co attributed gross margin increases in main product lines to rises in average unit prices
IMPAIRMENT REVERSAL - Co reported reversal of impairment losses on trade receivables, which boosted net profit

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Net Income Attributable
 
RMB 208.40 mln
 

Analyst Coverage
The stock recently traded at 4 times the next 12-month earnings vs. a P/E of 4 three months ago

Reuters Recommended Reads
Aug 27 - Hong Kong's Transtech Optelecom H1 revenue rises sharply on higher optical fibre sales
Aug 27 - Cable and wire maker Perennial International half-year revenue edges up on product mix shift
Aug 26 - Man Yue HY profit more than doubles on electronic components demand

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

Press Release s3://eap-prd-eu-west-1-source-content/eap_feed_proxy/fingerpost/HKSW/2026-08-27/96cd1382-d877-4496-865a-235d7af85439.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.)