China's Trigiant Group nine-month revenue rises on core products growth

Trigiant

29/10/2026 14:07

Overview
China optical fibre and cable maker's unaudited nine-month revenue rose 41% yr/yr
Gross profit for nine months nearly doubled, rising 99% yr/yr
Company says results driven by growth in core products and AI data center investment boom

Outlook
Company expects momentum of rapid growth in revenue and gross profit to continue
Trigiant will accelerate optical fibre production capacity to expand profit margins
Group aims for full-capacity annual optical preform production of 1,000 tonnes

Result Drivers
CORE PRODUCTS GROWTH - Co said robust growth in traditional core products drove nine-month revenue and gross profit increases
AI DATA CENTER INVESTMENT - Co attributed results to investment boom in global Artificial Intelligence Data Centers
ACQUISITION IMPACT - Co said acquisition of Qinghai Trigiant Optical Fibre Technology began contributing to results in late September

Company press release: Full Story

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
9M Revenue
 
RMB 2.65 bln
 

Analyst Coverage
Wall Street's median 12-month price target for Trigiant Group Limited is HK$8.80, about 343.3% above its October 29 closing price of HK$1.99
The stock recently traded at 5 times the next 12-month earnings vs. a P/E of 8 three months ago

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(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.)